Sustainable investments in Europe make up 84 per cent of global sustainable funds, with just 11 per cent in the US, Morningstar data shows – with continuing inflows in Europe.
BRUSSELS, 27 March 2025 — TransformIT Europe, the leading EU Digital Transformation and Green Innovation B2B Conference, will host Germany’s Industrial Energy Initiative DENEFF’s Tatiana Ruhland Founder & CEO of Heartprint & Chief Sustainability Officer of SustainableIT.org Rainer Karcher to outline the future of ESG in light of the ongoing shift of the geopolitical landscape.
Germany’s Industrial Energy Initiative DENEFF’s Tatiana Ruhl added: “Energy is a geopolitical bargaining chip. The energy transition is stagnating, while tens of billions continue to flow into fossil fuel imports instead of into domestic value creation and the domestic economy. The European Commission recently presented the Clean Industrial Deal and the associated Action Plan for Affordable Energy. These initiatives will strengthen competitiveness, reduce energy prices and accelerate the decarbonization of European industry.”
Rainer Karcher said: “The EU solidified its position as a global leader in ESG regulation by pressing forward with the Corporate Sustainability Reporting Directive (CSRD). Despite economic uncertainties, the EU maintained its commitment to advancing ESG, signaling that sustainability is non-negotiable in its policy agenda. Technology continued to play a transformative role in advancing ESG objectives, with new tools enhancing data collection, analysis and reporting. I am looking forward to discuss Europe stepping up on issues such as renewable energy, biodiversity restoration projects, and waste management technologies with decision-makers at TransformIT Europe in May in Brussels.”
Join us from May 6-7, 2025 in Brussels at TransformIT Europe together with the 1st European Google Developer Group Conference on the Future of Responsible European AI, FutureSparks StartUp and other high-profile participants as a benchmark event for technologies, services and industrial solutions in the two areas of green and digital transformation.
The FT recently pointed out that “ Europe is the centre of sustainable investment, making up 84 per cent of global sustainable funds, with just 11 per cent in the US, Morningstar data shows. While net inflows into US-based sustainable funds turned negative at the end of 2022, their relatively small share of the market did not lead to net outflows globally, which are held up by continuing inflows in Europe. That means that global asset managers face the problem of threading the needle to satisfy different clients.
While Allianz Global Investors remains a member of Climate Action 100+, its US-based subsidiary Pimco withdrew. Similarly BlackRock withdrew from the group, but transferred its membership to its international subsidiary. Dominic Rowles, an ESG analyst at Hargreaves Lansdown, says asset managers that have withdrawn from such groups have reassured him that they have only done so for fear of legal action in the US, where some fund groups have faced lawsuits from Republican states due to their “environmental agenda”. Their message to European investors, he says, is that their in-house teams are now good enough to pursue action on climate goals without needing to rely on a third party.
Rainer Karcher added: “The election of Donald Trump, who has called climate change a hoax, has prompted large asset managers to back away from public support for corporate action on global warming. But the asset owners group argue that climate change is a long-term financial risk, particularly for pension funds that would will need to pay out retirement incomes for decades to come. Ultimately the financial material arguments for climate change rise above short-term political challenges.”
Europe aims to be the first climate-neutral continent in the world by 2050.
TransformIT Europe will showcase the new Twin Transition ecosystem that thrives on innovation in the following key sectors:
- Green IT and Digitalisation
AI, IoT and sustainable hardware. - ESG/CSRD software and services
Regulatory requirements and best practices. - Sustainable Product Design
- Future-Sparks – Startups:
Impact VC & startup matchmaking,
Google Developer Groups Conference,
Technical workshops & free consulting - Smart-buildings, -cities and -infrastructure:
- Renewable energies and mobility:
Innovative solutions and technologies. - Circular economy
Refurbishing CE products, supply chain, waste recycling
Discover more about TransformIT Europe here.
About TransformIT Europe
TransformIT Europe is part of a portfolio of trade fairs produced by Global Fairs TT Messe. The inaugural edition in Brussels is set for 6-7 May 2025 in Brussels, the capital of Europe. As a Marketplace for Digital Transformation and Green Innovation, TransformIT Europe is to become the European hub where innovation and solutions help accelerate business towards a profitable and sustainable future.