ERSTE RESPONSIBLE RETURN – The ESG Letter on Environmental, Social and Governance issues
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ERSTE RESPONSIBLE RETURN – The ESG Letter on Environmental, Social and Governance issues
An old saying in the industry says: fund management is risk management. The risks that need to be managed have changed noticeably and have become global ecological risks.
If an important actor dissolves his cognitive dissonance by not only repressing the problem, but simply denying it, then this also has global consequences. The most important global decision-makers currently regard ESG (Environmental, Social and Governance) risks, above all environmental risks, as the greatest risks. Read more about cognitive dissonance in our new ESG Letter about Global Risk.
Not many people live to see the world at the threshold of a historically unique shift. But that is exactly where we are right now. Although we have known for many years that we are taking the planet to its limits, the scientific results have never been as clear as today. The drastic decline in […]
On the occasion of the World Water Day on 22 March, Erste Asset Management (Erste AM) published its second water footprint for its sustainable equity funds. “We set an important milestone by publishing water risks last year in order to induce companies to release their own water data. Data coverage has improved significantly since then […]
100 companies together account for about two thirds of global greenhouse gas emissions. Can these companies be persuaded to rethink their environmental strategies? Read it about it here!
Read more articles from this issue of our ESG* letter here. *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.
The consequences of climate change are becoming clearer by the day. 3 of the top 5 risks for the economy are classified as hailing from the climate category.