Archive

Sustainable debt round-up: National Bank of Greece, California Community Choice, CTP ... and more

California governor signs off on updated climate disclosure rule

Businesses urge California to unlock funding for climate disclosure rule

US West Coast insurers face up to $40bn in climate-related losses

An analysis of the investments of insurers licensed in the US West Coast has found climate change could create losses of up to $40 billion for their corporate bond portfolios.

COP28: US insurers propose plan to ensure insurance cover as catastrophes grow

The US National Association of Insurance Commissioners (NAIC) has proposed a national climate resilience strategy to help ensure the availability of property insurance in the face of severe disasters.

Ricardo Lara reveals California's fossil fuel investors

Green bond holders also unearthed in annual study

CalPERS publishes NZAOA targets late

CalPERS has fulfilled its commitment to the Net Zero Asset Owners Alliance (NZAOA) to publicly disclose a 2025 decarbonisation target - but six months late.

CalPERS is six months late for NZAOA deadline

CalPERS is the only early-joiner in the Net Zero Asset Owners Alliance (NZAOA) to have failed to fulfil its commitment to publicly disclose a 2025 decarbonisation target.

CalSTRS backs impact fund with $50m

California State Teachers' Retirement System (CalSTRS) has committed to invest $50 million in an impact fund focused on affordable housing for California's "black and brown communities".

Bill may force CalPERS, CalSTRS to divest fossil fuels

Two of the largest pension funds in the world could be forced to divest billions of dollars of oil and gas holdings by July 2027, under proposed legislation.