Sustainable Finance & Socially Responsible Investment

The World Federation of Exchanges has today published revised ESG recommendations for their member exchanges, representing the best sustainability practice. The recommendations are fully aligned with the GRI Standards. GRI encourages stock exchanges globally to consider the recommendations for their listing requirements.

At Bloomberg, sustainability means managing our business better by integrating environmental, social and economic considerations into our operations, products and services. Our Global Head of Sustainable Business & Finance Curtis Ravenel explains our approach to sustainable business and finance. Find out more under bloomberg.com/impact.

No report about sustainable investing would be complete without a Who’s Who—a record of the people setting the agenda. Over the past few months, we talked to dozens of people, all of them active in sustainable investing, to find out who they thought should make our list. We also talked to our colleagues at Barron’s, who have been watching the rise of the sustainable-investing space.

In a first in the US, a company has entered into a syndicated sustainability-linked revolving loan. CMS Energy and its subsidiary, Consumers Energy, have entered into $1.4 billion revolving credit facilities from Barclays, the sole Sustainability Structuring Agent on the loan.

Legg Mason today issued its Annual Report for the fiscal year 2018, highlighting our strategy for achieving the Company’s mission of Investing to Improve Lives™ with a focus on responsible investing.

Televisa tapped BNY Mellon’s Depositary Receipts to learn more about ESG disclosure and best practices and improve its ESG performance ratings.

Jennifer Miller, Chief Business Sustainability Officer, reflects on how customer, colleague and community connections build stronger companies.

Wells Fargo & Company (NYSE: WFC) today announced a total of $500,000 in donations to five local nonprofits to help revitalize Jacksonville neighborhoods through the Wells Fargo NeighborhoodLIFT® program.

The implications are clear for publicly traded companies, said the ratings agency: “We may begin to see institutional investors build climate risk factors into their portfolio selection processes, thereby placing greater emphasis on climate when directing investments.”

In its new annual corporate sustainability report, Catalyst for a Better World, Ecolab Inc. (ECL) highlights how it helps customers reduce water and energy use, ensure clean hospitals, hotels and restaurants, and safely produce the world’s food and energy.