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COP28: Sovereign sustainability-linked finance task force launched
05 December 2023Eight development banks and financial institutions have launched a technical task force to support the development and growth of the sustainability-linked finance market for sovereign issuers to achieve global climate and nature goals.
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ASCOR to assess countries based on contribution to $100bn climate finance goal
14 November 2023A first-of-its-kind free tool to help bond investors assess countries' climate progress has been launched that will see investors rate sovereigns on factors including their contribution to the problem and the finance they commit to address it, following changes to its draft methodology.
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Sovereign sustainability-linked debt initiative launched
09 September 2022A World Bank and Asian Development Bank (ADB)-backed initiative to "catalyse" sovereign sustainability-linked debt issuance has been launched to provide technical support to increase the volume, quality and impact of such issuances.
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Rapid rise in sovereign funds adoption of ESG
18 November 202171% of sovereign wealth funds have incorporated environmental, social and governance (ESG) into their investment process, up from 20% last year, a survey has found.
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'Sharp differences' in how sovereign wealth funds approach climate
09 February 2021Almost 90% of sovereign wealth funds claim to take climate change into account in their investment processes - but there are "sharp differences in how systematic and sophisticated these approaches are", a report has found.
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Investors back Sustainability Reporting Standard for Social Housing
10 November 2020A Sustainability Reporting Standard for Social Housing has been published with support from a group of UK-based investors including M&G, Insight and Legal & General.
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ESG reporting key to ride 'wave' of social housing investment
27 May 2020M&G and Insight Investment are among organisations that have drawn up draft criteria for social housing sustainability reporting, as they suggest "we are at the early stages of what may be a wave of equity investment in affordable housing".
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Standardisation of ESG data may not be a good thing, says Yale academic
15 November 2018Standardisation of data on environmental, social and governance (ESG) issues may hinder rather than help investors, according to a researcher at Yale University.
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People Moves: Osmosis IM, La Française Forum Securities and Green Climate Fund
14 September 2018London-based Osmosis Investment Management, a $1.5 billion sustainable asset management business, has appointed Mike Even to its board of directors.
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Report claiming fossil fuel divestment would cost pension funds billions branded 'misleading'
09 August 2018A report commissioned by the petroleum industry that claims US pension funds would stand to lose billions of dollars in returns if they fully divested fossil fuel stocks has been branded “particularly misleading”.
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