ANTI-ESG PROXY VOTES SURGE, BUT THEY’RE NOT PASSING
The 2024 proxy voting season saw a large increase in shareholder proposals filed that reject environmental, social equity, and corporate governance measures; however, nearly all of the proposals turned out very low shareholder votes. Only a handful gained enough support to be re-filed in the following year.
BIDEN INKS BILLION-DOLLAR CLIMATE DEALS TO FOIL TRUMP ROLLBACKS
The Department of Energy is racing to close $25 billion in pending loans to businesses building major clean energy projects across the country. The push is one of Biden’s last chances to cement his climate legacy before President-elect Donald Trump takes office in January 2025 under the promise of shredding Democratic spending programs.
INVESTING IN A DIFFERENT KIND OF PARADISE: CATALYZING HAWAI‘I’S SUSTAINABLE FOOD SYSTEM
Hawai`i’s food vulnerability, highlighted during crises like the COVID-19 pandemic, stems from its heavy reliance on imported food. To address this issue, local leaders in Hawai`i are embracing Native Hawaiian traditions of sustainable agriculture and fostering collaboration to envision a resilient food system rooted in cultural values and relationships.
80% OF INVESTORS EXPECT TO INCREASE SUSTAINABLE INVESTMENTS OVER NEXT 2 YEARS: MORGAN STANLEY SURVEY
Morgan Stanley surveyed more than 900 institutional investors across North America, Europe, and Asia Pacific. The survey found that a strong majority of asset managers and asset owners globally expect assets in sustainable funds to grow in the next two years.
ESG FUNDS GROW TO $8.4 TRILLION AMID CHALLENGES, OUTPERFORMING TRADITIONAL INVESTMENTS
ESG investments continue to surge, surpassing $8.4 trillion in assets. Despite political challenges, sustainable funds consistently outperform traditional investments, making an impact in sectors like clean energy. The Washington Post offers insight on selecting funds aligned with your values and avoiding greenwashing, including expert commentary from Michael Kramer of Natural Investments.