ERSTE RESPONSIBLE RETURN – The ESG Letter on Environmental, Social and Governance issues
DOSSIER POSTS
Erste Asset Management excludes oil companies
Austrian sustainability pioneer withdraws early from the oil sector in all sustainable funds with eco-labels. What are the reasons?
Electricity & Energy – facts & figures
You can find our dossier on rethinking energy production and consumption at: https://blog.en.erste-am.com/dossier/strom-energie/ *ESG stands for Environmental, Social and Governance“ – These are the three broad categories according to which companies are examined in sustainable investment. Disclaimer: Forecasts are not a reliable indicator for future developments.
Ørsted AS: Best Practice and Environmental Leader
According to our evaluation, the Danish Ørsted AS is among the leading companies in the environmental sector, which results from a radical transformation of the business model that the company has gone through in the recent decade. Whereas ten years ago the company produced 85% of its energy from fossil fuels and only 15% from […]
Time is running out
Many of the companies in the utilities sector have so far failed to implement a comprehensive decarbonisation strategy. Utilities sector: assessment & engagement According to the analysis by our partner MSCI, less than half of the companies in this sector[1] have set themselves goals such as the ones required for the containment of climate warming […]
Energy and phasing-out of coal-based electricity
The topic of energy and electricity provides an excellent background to have a closer look at the issue of energy transition. The prevalent energy mix, which is still very much geared towards fossil fuels, is in the process of transition, as also pointed out by Erste AM’s research partners. The comeback of coal? The current […]
Green bonds for clean energy
Green bonds are bonds whose issue proceeds are exclusively used to finance existing or new projects with environmental benefits. Long tradition In 2007, the European Investment Bank (EIB) issued the first green bond and called it “Climate Awareness Bond”. While during the first years this young market segment was largely driven by supranational issuers and […]
Divesting oil – personal preface included
When I think back to my first school outing to the refinery in Schwechat (Lower Austria), the first thing that comes to mind are the excellent wiener sausages at the canteen. The highly complex processes involved in the refinement of crude oil, on the other hand, are hard to digest even for an adult. Divesting […]