Preqin Launches Esg Fund Performance Benchmarks

credit:

"The alternative markets are famously opaque, as private firms do not have the regulatory duty to disclose such details."

That's the takeaway from Preqin, which on Tuesday announced the launch of a first-of-its-kind set of environmental, social, and governance (ESG) fund performance benchmarks, per a press release.

These benchmarkswhich cover more than 1,000 ESG funds and more than 200 non-ESG funds, including impact, climate, and sustainable development goals fundswill allow clients to easily compare ESG and non-ESG funds and "make informed investment decisions when it comes to ESG and impact investing," Preqin says.

"And yet, in an ever-evolving landscape, investors, fund managers and advisors need to equip themselves with robust tools and reliable data to make informed decisions when it comes to ESG and impact investing," Preqin's executive VP for ESG Solutions and Corporate Responsibility adds.

"Access to these enhanced tools is a means of championing transparency in markets where ESG data is scarce and difficult to collate, helping to establish more widely accepted standards."

The New York Times, which notes Preqin's announcement comes at a time when anti-ESG sentiment is on the rise,

Read the Entire Article

How's Your Community Doing?
Check Out it's
Community Vital Signs

Report: Only 2% of Nonprofits Have Fully Integrated Ai

Only 2% of organizations have fully integrated AI.67% of nonprofits plan to level up their AI use within the year.Report dives into 4 ways AI is stepping up: climate action, agriculture, healthcare...more

Commentary: An Opportunity to Reform

We need the will to organize and the resources to make it happen.A shared toolbox will provide a new foundation that lets us leverage shared resources at scale, connect across silos, and solve big...more

Four Takeaways From Mackenzie Scott's 2024 End-of-Year Essay

Four Takeaways from MacKenzie Scott's 2024 End-of-Year Essay.Scott moves her money through a Seattle-based LLC called Lost Horse.The big open question moving forward is to what extent forthcoming...more

Red Deer River Naturalists Land Big Grant

Red Deer River Naturalists land big grant - Red Deer Advocate $500,000 going to Red Deer River naturalists endowment fund.Red Deer river naturalists have received a $ 500,000 donation to its...more

Best of 2024 Donors to the Arabella Advisors Network
Foundation: Foundation to Promote Open Society, Open Society Institute, Silicon Valley Community Foundation, Ford Foundation, Fidelity Investments Charitable Gift Fund

Capital Research Center compiled a list of all megadonors to the main four Arabella nonprofits.For the New Venture Fund, the largest donors were: Bill Gates, George Soros, and eBay founder Pierre...more

Sobha Group's Philanthropic Trust Lays Foundation Stone For Devi Home

Sri Kurumba Educational and Charitable Trust, the philanthropic arm of Sobha group, today laid the foundation stone for Devi Home in Moolamcode, Palakkad.Devi Home will accommodate 144...more

Celebrating Impact: San Diego Foundation's Top 10 Stories of 2024
Foundation: California Community Foundation, San Diego Foundation

SDF also developed a research report in partnership with the San Diego Regional Policy & Innovation Center to better understand economic mobility and generational wealth among San Diego's Latino...more

Nurturing This Trait Could Bolster Kids' Confidence

92% of participants believe being creative boosts their confidence.6 in 10 said participating in a creative activity gives them a sense of pride.65% of children shared that engaging in creative...more

School Talk Houston: Forging Pathways For Student Growth and Community Impact

Through creative grant funding and collective efforts, these schools are building bridges between education, industry, and civic engagement.These schools are empowering students to make a difference...more

News Briefs €” Kids Can Earn Prizes During Winter Break Reading Challenge; Idignity ...

Kids can earn prizes during Winter Break Reading Challenge; IDignity Osceola to transition to Hope Identification.Kids can use Beanstack reading app at home or anywhere they can connect.Children ages...more