What about the accusations of “greenwashing” against the German investment giant DWS? Why is German asset management, when it comes to ESG, in some cases significantly behind the international competition? And is much of the talk about sustainability in investment just hoax or (bad) marketing? I talked about this (and other related topics) with Jan Wagner, freelance financial journalist in Frankfurt/Main and expert on asset management and banking topics, and Christina Böck, partner at the international strategy consultancy for asset managers, INDEFI, for the new episode of my GFC (not the ‘Global Financial Crisis’) podcast.
This podcast is in German only.
China was at the centre of both criticism and the search for solutions during the United Nations Climate Change Conference (COP26) that ended yesterday in Scotland. The People’s Republic is the world’s largest emitter of greenhouse gases. Kathlyn Collins, Head of ESG at Asia specialist Matthews Asia, examines in a recent Question and Answer why China’s role in climate change is so important and what the world’s most populous country has already achieved in terms of climate protection.
ESG up and down – not a week goes by without some financial provider launching a supposedly sustainable fund, unit-linked insurance policy, ETF or property with the three magic letters in its name. With so much (over)supply – and standards only gradually developing – transparency is key. Based on the observation of how much uncertainty currently prevails in the ESG world, among investors and providers alike, Nicolas Schild and Paula Singliarova from the German-British investment house Arabesque Asset Management launched an unusual newsletter in the summer of 2020: it is entitled “Arabesque’s Weekly Dose of ESG“, questions buzz words and headlines on the basis of data-supported facts, and is sent as personalised emails to 500 interested readers in Germany, Switzerland and the UK so far. Nicolas Schild explains in this interview with GFC (not the ‘Global Financial Crisis’) Podcast why the newsletter asks the same three questions every week, why it is not integrated into Arabesque’s Corporate Communications and what vegan piglet farming has to do with it.
This podcast is in German. Length of the podcast: 13:54 minutes.
The “Sustainable Finance Disclosure Regulations (SFDR)“ which has been in force for almost three months now, reveals it: The number and volume of investment funds that either take sustainability criteria into account (article 8) or even want to improve them (article 9) are on the rise. Is it all a sham – or is the fund industry really becoming more sustainable? And what do the, sometimes rather meager data and parameters such as the new “Principle Adverse Impact” indicators reveal? We talked about this with Christina Böck, partner at international strategy consultancy INDEFI, for the new episode of GFC (not the ‘Global Financial Crisis’) Podcast.
This podcast is in German. Length of the podcast: 19:42 min.
The new, third episode of GFC (not the ‘Global Financial Crisis’) Podcast is about financial market regulation, the still threatening commission cap for life insurance and the EU taxonomy (and long hair). Original statements can be heard from opponents and supporters of the commission cap – members of the German Bundestag Carsten Brodesser (CDU) and Frank Schäffler (FDP), Dr. Peter Schwark of the Association of the German Insurers (GDV), Norman Wirth, Brokers’ Association AfW, and Axel Kleinlein of the German Association of the Insured (BdV). In addition, an interview with consultant Anke Limbach (Limbach Consulting) – management consultant and specialist for the implementation of complex organisational projects in the securities investment sector – on the EU taxonomy for sustainable investments … and why this is likely to become an even greater degree of coordination than MiFID 2.
Unfortunately, it’s all in German …