Trillium hires 2 to lead expansion into U.K.
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Ian Warmerdam joined impact-driven ESG firm Trillium Asset Management as lead portfolio manager, as part its launch into the U.K.
The firm also hired
Jamie Martini as portfolio manager and named
Graham Kitchen as chairman of the U.K. board, a spokeswoman confirmed. All three roles are new.
Messrs. Warmerdam and Martini are based in Edinburgh and are supported by distribution and compliance staff in London and Edinburgh. They are responsible for leading the launch of new global ESG equity strategies. The firm will look to increase its headcount in the U.K. and Europe over the coming months, the spokeswoman added.
By Susanna Rust2021-04-22T16:04:00+01:00
The European Commission on Wednesday delivered a package of measures that stand to make a coherent whole of its plan to harness financial markets for the fight against climate change, although questions remain about certain environmental classification decisions.
The package includes a proposal for new corporate sustainability reporting legislation, which would replace the Non-Financial Reporting Directive (NFRD), and the “EU taxonomy climate delegated act”, which sets out the criteria determining which economic activities can be said to be green in terms of their contribution to climate change mitigation and adaptation.
The Commission also published a set of rules that require financial firms, such as advisers and asset managers, to include sustainability in their procedures and investment advice to clients.
Sustainable Finance and EU Taxonomy: Commission takes further steps to channel money towards sustainable activities eureporter.co - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eureporter.co Daily Mail and Mail on Sunday newspapers.
Met dank overgenomen van Europese Commissie (EC), gepubliceerd op woensdag 21 april 2021.
Revision: why was there a need to review the Non-Financial Reporting Directive (NFRD)?
The reporting rules introduced by the Non-Financial Reporting Directive established important principles for certain large companies to report sustainability information on an annual basis. It introduced a ‘double materiality perspective , meaning that companies have to report about how sustainability issues affect their business and about their own impact on people and the environment.
There is ample evidence, however, that the information that companies report is not sufficient. Reports often omit information that investors and other stakeholders think is important. Reported information can be hard to compare from company to company, and users of the information are often unsure whether they can trust it.
MEP: EU corporate reporting blueprint should be basis of international rules 21-04-2021
The European Commission s plans for a Sustainability Reporting directive announced on Wednesday (21 April) provide solid ground for discussion says Pascal Durand, the European Parliament s rapporteur on the subject, as he sets out Parliament s plans to handle the file in the coming months. [OneStockPhoto / Shutterstock]