Net inflows into sustainable strategies increased 72% in the quarter ended June 30 to $71.1 billion, driven by Europe-domiciled funds.

Passive ESG investing is on the rise, as is the debate on the effectiveness of passive vs. active ESG funds, the US SIF Foundation said.

Momentum behind ESG investing has grown since the COVID-19 pandemic, a survey of 500 global institutional investors shows.

PenSam shifted $2.6 billion into a global equity risk premium allocation that fits its climate strategy, run by Nordea Asset Management.

Just 21% of applicants to senior roles at financial services firms were women, shows a review of applications for the year ended March 31.

Federated Hermes has expanded its global stewardship business as demand among institutional investors in the U.S. ramps up.

PKA divested from 20 coal companies and will no longer invest in firms that derive more than 20% of revenue from the fossil fuel.

Green subordinated bonds issued by banks may not stay green in a stressed or crisis scenario, Fitch Ratings warned.

Morgan Stanley joined the Partnership for Carbon Accounting Financials as part of the bank's commitment to disclose emissions financing.