Archive

NBIM backs Switzerland recognising ISSB as 'equivalent' under CSRD-aligned rules

Lack of detailed transition plans shows need for vigilance of climate 'leaders', NBIM says

Research showing that no high-emitting companies with decarbonisation targets has detailed plans to reach these shows investors must remain vigilant to inaction - even by companies viewed as climate 'leaders', according to a manager of Norway's $1.7 trillion 'oil fund'.

NBIM to invest €900m in CIP renewables fund

SIX launches 'climate equity flag' for companies

SIX has launched a new Paris Agreement-aligned climate flag for companies who are listed through the Swiss financial exchange firm, with S&P Global Ratings and SGS the first approved reviewers for the scheme.

NBIM's renewables portfolio 18% down in first six months of 2024

Norges Bank Investment Management's (NBIM) $1.85 billion portfolio of unlisted renewable energy assets returned minus 17.7% in the first half of this year, as the higher interest rate environment dented their value.

Investors tell Japan to remedy inconsistencies with ISSB standards

Some of the world's largest investors have advised Japan to address inconsistencies between its draft disclosure standards and those of the International Sustainability Standards Board (ISSB).

Asset manager neglect of climate adaptation leads Brunel to take engagement 'into own hands'

UK pension pool Brunel has begun an engagement programme with 20 companies in the consumer staples sector asking them to prioritise investment in climate adaptation measures, as it said asset managers were failing to do so.

Bridges exits Nexgen Group in deal with Bidvest Noonan

People Moves, 8 July: Lloyds, Bridges, IFRS, ESG Book, Permira ... and more

NBIM buys £330m stake in wind farm from Macquarie fund