Royalty Pharma plc (NASDAQ:RPRX – Get Rating) has been given an average recommendation of “Buy” by the six ratings firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. The […]
Huntington National Bank acquired a new stake in Royalty Pharma plc (NASDAQ:RPRX – Get Rating) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 1,025 shares of the biopharmaceutical company’s stock, valued at approximately $41,000. A number of other institutional investors and hedge funds […]
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MSCI urges capital markets players to act on net-zero ambitions
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Asset owners and money managers must take steps now if the global temperature rise is to be kept below 2 degrees Celsius, MSCI said.
In a call to action, MSCI said addressing the impact of climate change will require the largest reconstruction of the global economy since the Industrial Revolution.
Capital markets participants need to be a powerful and positive force to drive the necessary transformation in markets in order to avert climate catastrophe, MSCI said.
About 9,000 publicly listed companies in its All Country World Investible Markets index, which have a total market value of more than $70 trillion, emit an estimated 11.2 gigatons of carbon dioxide equivalent a metric used to compare emissions based on their potential to cause global warming. Without any changes to current practices, annual emissions could reach 16.8 gigatons of carbon dioxide equivalent by 2050, leading to a 3.5-degree C
RIYADH: Participants at the Future Investment Initiative (FII) Institute virtual event on Thursday called for inclusive efforts towards achieving environmental, social and governance (ESG) goals, in order to help build a sustainable future for all.
The virtual event titled “The Neo-Renaissance: Mobilizing ESG for a Sustainable Future” – was opened by FII Institute CEO Richard Attias, who told delegates: “We need to build more sustainable markets in 2021.”
“As we continue to battle the global pandemic, we need to rethink our approach to global sustainability… Although ESG has proven its worth, much remains to be done to ensure we use it to its full potential. The low level of inclusion and participation of emerging markets in the development of ESG frameworks is counterproductive to global sustainability,” he added.