Archive

Bloomberg launches its own 'fully transparent' ESG scores

Bloomberg has launched proprietary, company-level environmental, social and governance (ESG) scores, marking a significant expansion of the sustainability data available on its terminals.

Bank of America becomes third US lender to join carbon accounting initiative

Bank of America (BoA) has joined the Partnership for Carbon Accounting Financials (PCAF), the third major US lender to join the initiative in the past week, as pressure builds on financial institutions to tackle the emissions of their lending and investment portfolios.

US retirement plan proposals on ESG 'off-the-mark', says SASB

The Sustainability Accounting Standards Board (SASB) has called on the US Department of Labor (DoL) to withdraw proposed retirement plan rule changes, which were accused of seeking to "tamp down" environmental, social and governance (ESG) investing.

SASB and GRI announce sustainability disclosure collaboration

The Sustainability Accounting Standards Board (SASB) and Global Reporting Initiative (GRI) have announced a collaboration to show how their two standards can be used together to help ease the reporting burden.

Rocky Mountain Institute launches climate finance centre with US banks

The Rocky Mountain Institute (RMI) has launched a research centre to help shape the role that the financial industry has in driving the transition to a low-carbon economy, with four major US banks collaborating on the project

Green and sustainability-linked loan round-up: CIP, Siemens Gamesa and more

Largest private pension scheme in UK announces first divestments

The Universities Superannuation Scheme (USS) has announced it will not invest in tobacco, coal, and controversial weaponry firms under its exclusions policy, though campaigners are pressing for the £68 billion ($84 billion) fund to divest from other fossil fuel firms.

BlackRock launches $430m unconstrained ESG bond fund

BlackRock has launched its first environmental, social and governance (ESG)-focused global unconstrained total return bond fund, opening with over $400 million in assets under management (AUM).

Quona closes $200m financial inclusion fund

Quona Capital has reached a $203 million final close on its second financial inclusion fund, which will invest in emerging markets.

RobecoSAM to launch strategy targeting circular economy

Sustainability-focused investment company RobecoSAM has launched a strategy for investments that contribute to the circular economy and positively impact the relevant UN Sustainable Development Goals (SDGs).