Paolo Ramondetti’s Post

Our company's 2023 Sustainability Report is now out! This report wouldn't be possible without the incredible collaborative effort from all the dedicated teams across the organization. It showcases the amazing strides we've made towards a more sustainable future. I encourage you to check it out and share your thoughts in the comments. #Sustainability #MoreThanInvesting

🚨 Pictet Alternative Advisors Launches ELTIF: Investing in Environmental Innovation for Sustainable Growth - Pictet Alternative Advisors (PAA) announces the launch of the European Long-Term Investment Fund (ELTIF) Pictet Private Assets SICAV Environment Co-Investment Fund I ELTIF. - The fund provides access to investments in private companies with innovative environmental technologies. - It will focus on 20-25 investments sourced from the Pictet network, which includes over 90 private equity managers. - The fund's investment approach aligns with nine planetary boundaries, with six already outside the safe operating space for humanity. - Private capital is crucial to catalyze investments in technologies that address environmental challenges. - The environmental technology market is expected to reach twelve trillion dollars by 2030. - The fund targets attractive opportunities in five rapidly growing segments: - Greenhouse gas reduction - Sustainable consumption - Pollution control - Circular economy - Enabling technologies - Managed by Pierre Stadler and Nicolas Thomas, leveraging over 25 years of thematic investment experience and 300+ co-investments executed since 1992. - Pictet offers 20 thematic investment strategies, including eight environmental ones, with over 70 investment professionals. - The strategy is classified under article 8 of the EU's Regulation on disclosure of information relating to sustainability in the financial services sector (SFDR). - The minimum subscription amount is 10,000 EUR for retail investors (P EUR class). - Pierre Stadler emphasizes the significant value creation potential in investing in private equity co-investments targeting environmental challenges. - Nicolas THOMAS highlights the financial opportunities in environmental solutions, underscoring the transition to a more sustainable world as a key societal challenge. Pictet Group Pictet Asset Management Pictet Wealth Management

Global sustainable investment indices outperform in 2023 Global sustainable investment (SI) indices outperformed their benchmarks in the fourth quarter of 2023 with climate strategies having the strongest full-year performance according to the latest quarterly Sustainable Investment Insights report from FTSE Russell. The report showed that last year all global SI equity indices outperformed which was in stark contrast with 2022 where all […] The post Global sustainable investment indices outperform in 2023 appeared first on Best Execution . https://lnkd.in/eyHHhRPA

Thanks for this great article, Sustainability Magazine. Good to know that fund managers recognize the importance of integrating Environmental, Social, and Governance (ESG) criteria into their investment process. This approach allows for generating positive financial returns while also considering the broader impact on society and the environment. #ESG #Investments #Finance Recycled Materials Association (ReMA) REMADE Institute

Sustainability labels play an important role in the investment sector: They assure the minimum percentage of assets in a fund that meet #sustainability standards. They further have two important characteristics: Firstly, their criteria are more prescriptive than some regulations. Secondly, they allow funds under the same label to be more easily compared. In the coming year 2024, two significant players in the European sustainability labels are planning adjustments to their standards: Towards Sustainability and the French label ISR (Investissement Socialement Responsible). The latter only announced its new modifications last week. Jonas Herdegen, Sustainability Specialist at AllianzGI, outlines the amendments and resulting implications for investors and explains what role labels play versus regulation. 👉 https://lnkd.in/eQEuwzhr

The second quarter of 2024 showed a recovery of flows into the global universe of sustainable funds, netting almost USD 4.3 billion from the restated USD 2.9 billion outflows in the previous quarter. Europe, by far the world's largest market for sustainable funds, attracted USD 11.8 billion in the second quarter, up from the restated inflows of USD 8.4 billion in the previous quarter. Conversely, US sustainable funds continued bleeding money, recording redemptions of USD 4.7 billion. These, however, amounted to half of the restated USD 9 billion outflows seen in the first quarter. Calculated as net flows relative to total assets at the start of a period, the organic growth rate of the global sustainable fund universe was 0.14% in the second quarter, a slight improvement on the 0.01% rate in the previous quarter. Yet, the aggregate growth of sustainable funds lagged that of the broader funds universe, which with USD 200 of inflows, recorded an organic growth rate of 0.4%. -Morningstar

Arjun publishes our 2023 Sustainability Report.   At Arjun, we work closely with our portfolio management teams to advance towards a net-zero economy. Our report provides a comprehensive overview of our sustainable investment policy and #ESG principles, which we are dedicated to incorporating at all possible stages of the investment lifecycle. The report also highlights notable initiatives and milestones from 2023 while outlining our partnerships and priorities for 2024. Read the full report here: https://lnkd.in/eAmPfBQH

Companies across the globe have set environmental, social, and governance (ESG) goals and are identifying ways to best achieve them. Increasingly, investment decisions are being made based on sustainability, meaning how they measure and report their progress is of increased importance.

ESG Investment Diary Yet another rather interesting meeting with a global manufacturing B2B company. Investor Relations and Sustainability ( IRS) people on one side and me on the other. These on-line meetings make the thrill of anticipated interaction both dull and slow. Sentences fly slowly over the digital space and land headless on the keyboard. In person is always better, well, well.   Purpose of the meeting; I need to understand value proposition company has, including link between sustainability targets and financial targets. Me asking; What is your sustainability value proposition?   Team IRS: We are global providers of X and we serve over Y number of clients across US, EU and Middle East. We focus on quality and operational excellence in everything we do. We have had a steady 3-5% organic growth last three years, and we believe good fundamental to increase this next 3 years. We have entered new market segments in US and increased share of wallet within our existing clients in US. Me asking: What is your sustainability value proposition, emphasis on sustainability Team IRS: We have CO2 emission targets approved by the board and are waiting for SBTI approval. We are CSRD compliant. We have decreased our Scope 3 emissions by 4% since base year 2021. Me asking: What is your sustainability value proposition? Team IRS: Silence first. What do you mean? Me answering; In your mainstream value proposition you don’t mention anything about your sustainability strengths, why should I invest in you from sustainability point of view? How sustainable are your products? Team IRS: We serve number of clients in battery and renewable energy development segment. Me asking, last question; Try to help me, I think your business is very interesting, but I don’t understand how you link sustainability to your products. Team IRS: Sustainability is integrated part in everything

#ESG is dead as we know it and these formulaic, predictable answers speak volumes about where corporate #sustainability has ended up. Time to get your sustainability value proposition sorted!