Asset Owners Angered by ESG Rollback Take Matters Into Own Hands
Asset managers and asset owners based in northern Europe say they're ready to cut allocations to companies they think are using a lack of regulations as an excuse to be less transparent about their ESG risks. In interviews with Bloomberg, they also say they're ready to consider legal steps to protect their portfolios from climate change and human rights risks.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
23 minutes ago
- Yahoo
Versicherungskammer Group Selects Clearwater Analytics Holdings (CWAN) to Handle its Investments
Clearwater Analytics Holdings, Inc. (NYSE:CWAN) is one of the . On July 2, Clearwater Analytics Holdings, Inc. (NYSE:CWAN) announced that it has been selected by Versicherungskammer Group, a major insurance company, to handle its investment operations. Versicherungskammer Group noted that it conducted a thorough review of its operating model starting in 2024. The company needed to adapt to market changes and demographic shifts. Therefore, after a structured selection process, it decided to select Clearwater Analytics Holdings, Inc. (NYSE:CWAN)'s modern, cloud-based platform. A wide shot of a large financial data center. The platform offers real-time, advanced data analytics, which will help Versicherungskammer make better investment decisions and improve performance. Clearwater Analytics Holdings, Inc. (NYSE:CWAN) provides a cloud-based platform that helps institutional investors manage their investments across public and private markets. Their system integrates portfolio management, accounting, risk analytics, and reporting into one unified solution. While we acknowledge the potential of CWAN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26 minutes ago
- Yahoo
Super Micro Eyes European Expansion as AI Server Demand Takes Off
Super Micro Computer (SMCI, Financials) is gearing up to grow its footprint in Europe; the company plans to ramp up AI server manufacturing across the region to meet soaring demand, especially as artificial intelligence adoption accelerates. Warning! GuruFocus has detected 4 Warning Signs with NVDA. CEO Charles Liang said Europe's appetite for high-performance servers is rising fast; while Super Micro already builds systems in the Netherlands, expansion into other countries is now on the table. Super Micro's servers are core to AI development; they're packed with Nvidia (NVDA, Financials) chips and used to train massive AI models like ChatGPT. The stock, while down from its 2024 highs, remains closely watched; Liang insists the company is still expanding its technology base and global reach. In his view, Europe isn't just a new marketit's the next big stage for Super Micro's AI ambitions. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNN
26 minutes ago
- CNN
EU's von der Leyen survives parliament confidence vote brought by far-right
European Commission President Ursula von der Leyen survived a no-confidence vote in the European Parliament on Thursday, brought by mainly far-right lawmakers who alleged she and her team undermined trust in the EU through unlawful actions. As expected, the motion failed to get the two-thirds majority it needed to pass. Only 175 members of parliament backed the motion, while 360 voted against and 18 abstained. Romanian nationalist Gheorghe Piperea, the lead sponsor of the motion, had criticized among other things the Commission's refusal to disclose text messages between von der Leyen and the chief executive of vaccine maker Pfizer during the COVID-19 pandemic. 'The decision-making has become opaque and discretionary, and raises fears of abuse and corruption. The cost of obsessive bureaucracy of the European Union such as (tackling) climate change has been a huge one,' Piperea told the parliament on Monday. During the debate on her leadership, von der Leyen defended her record in parliament, rejecting criticism of her management of the pandemic and asserting that her approach ensured equal vaccine access across the EU. Although the censure motion had little chance of success, it was a political headache for von der Leyen as her Commission negotiates with US President Donald Trump's administration to try to prevent steep US tariffs on EU goods. It was the first time since 2014 that a Commission president has faced such a motion. Then President Jean-Claude Juncker also survived the vote.
