From Exclusion to Engagement: A Stewardship Lens on Europe’s Evolving Defence Investments
For years, ESG frameworks rewarded investors who avoided arms manufacturers. The logic was simple: fewer weapons mean fewer wars. Yet Ukraine challenged that assumption.
GAA
Austausch mit High-Yield-Emittenten besonders wertvoll
Im Bereich der Hochzinsanleihen lohnt sich Engagement ganz besonders, urteilen Larissa Joubert und Sara Farias de Carvalho Martins, Buy-Side Fixed-Income ESG Analystinnen von DPAM:
DPAM
Unlocking ESG insights through engagement with high-yield issuers
High‑yield (HY) issuers - companies rated below investment grade - operate with higher perceived credit risk and generally provide less consistent public disclosure than their investment‑grade (IG) counterparts. In ESG analysis, this discrepancy is especially pronounced. While IG companies typically publish detailed sustainability metrics and governance structures, HY issuers often disclose only the minimum required by regulation.
DPAM
Pension Funds: Citizen's assemblies for investment and sustainability decisions?
Hugh Wheelan and Rob Bauer discuss in Episode 7 of the Transition Tapes 'mini-publics' with one of the academics leading the research.
investESG
Klimaschutz notwendig, Regulierung gelockert
Vereinfachungen in der ESG-Regulierung standen für 2025 auf dem Programm der EU. Die Europäische Kommission wollte den Verwaltungsaufwand reduzieren und die Wettbewerbsfähigkeit steigern. Ophelie Mortier, Chief Sustainable Investment Officer von DPAM, fasst die rasante Entwicklung zusammen.
DPAM
EU Regulation - what's new?
2025 was marked by regulatory volatility and simplification efforts in the EU, with the European Commission announcing 10 omnibus packages to reduce regulatory burdens and boost competitiveness. These covered sustainability, chemicals, defence, digital, agriculture, and more.
DPAM