This year’s September went down as the warmest in measurement history. Especially in our regions, it was a welcome extension of the summer for many. However, the warmer temperatures clearly show us the consequences of climate change. The risks this entails for the economy and companies and how we take these into account in our investment processes is the topic of our new ESGenius Letter.
Recent studies have provided insights into the challenges to human prosperity resulting from the climate and biodiversity crises. The main conclusions are that the world is currently not on track to achieve the Sustainable Development Goals (SDGs) in time, nor the Climate Change Goals or those on biodiversity.
With a view to the Ukraine war, the multiple regions of crisis or the extreme inflation, one would be forgiven for thinking that sustainability issues were taking a back seat when it came to investing. Gerold Permoser, Chief Investment Officer of Erste Asset Management, claims that this is not the case and that there is a lot of potential for investors. In a recent press talk, he and Heinz Bednar, CEO, presented five key drivers for ESG investments.
The 77th edition of the European Forum Alpbach recently came to an end. This year, the symposium was held under the central motto “The New Europe”, with topics such as climate protection or security policy on the agenda.
In August 2021, the IPCC (Intergovernmental Panel on Climate Change) published a report on global climate change. One of the key messages is that human influence has warmed the atmosphere, land areas and oceans. Heat waves, precipitation and the resulting soil moisture were identified as relevant physical risks.
We are pulling the plug on coal, abstaining from investments in companies that operate in the fields of coal mining or the production of electricity or fuel from coal from 1 July 2021 onwards.
Numerous companies increasingly see themselves as responsible for doing something to protect the climate, and for good reasons. Erste Asset Management compensates for company-specific CO2 emissions and supports international climate protection projects.
The “European Green Deal” is a new vision for a sustainable and fair economic system in Europe. Green investments can also be profitable investors in the long term.
Will Europe become the first climate-neutral continent in the world? What has become of the climate movement? In recent months, Corona has completely ousted the issue of climate change from the media. Walter Hatak, Head of Sustainable Investments at Erste AM.
According to the latest report from Forum for Sustainable Investments, the investments in sustainable funds/mandates (i.e. institutional clients) increased by 39% in 2019. What do you think is the reason for the drastic increase of this asset class? What has become clear during this crisis is that people are ready for big changes within short […]