ESG News

March 2019

Xylem Signs First-Of-Its-Kind Revolving Credit Facility that Links Interest Rates with Sustainability
MarketWatch (Source: Xylem)

This is one of the first 'sustainable improvement loans' in the U.S., whereby sustainability performance is tied directly to the cost of capital.  Xylem is a global water technology company.

European Commission to Require Sustainable Investment Disclosure
European Commission

The European Parliament and European Union countries agreed in March on sustainable investment disclosure rules for institutional investors, which will require money managers to integrate environmental, social and governance factors into their investment decisions and disclose how they are doing so.

The Economic Significance of Long-Term Plans
CECP Strategic Investor Initiative & KKS Advisors

Increasingly, both investors and companies are waking up to the costs and inefficiencies caused by the short-termism of capital markets

Show Us Your Climate Risks, Investors Tell Companies
The Wall Street Journal

Companies will face a record number of climate-related shareholder proposals this proxy season.

Do Not Let Company Founders Hide From Accountability
Financial Times

Paul Singer of Elliott Management weighs in on the issue of dual share class structures for public companies.