Archive

5% of European insurer assets are EU Taxonomy eligible, says EIOPA

Only a "small proportion" of total assets held by European insurance firms may be eligible under the EU Taxonomy for sustainable activities, according to research by the European Insurance and Occupational Pensions Authority (EIOPA).

Public investment institutions commit to ESG, despite lack of reliable data

More than 90% of global public investors (GPIs), such as central banks, sovereign wealth funds and public pension funds, have specific environmental, social and governance (ESG) investment policies in place, or are in the process of developing them despite limited access to ESG data.

Dai-ich Life joins SASB's advisory group

Dai-Ichi Life has joined the investor advisory group of the Sustainability Accounting Standards Board (SASB), an independent non-profit organisation that sets non-financial accounting standards.

SUSI raises €300m for innovative flagship energy transition fund

Swiss asset manager SUSI Partners secured €300 million ($354 million) in the first closing for its new flagship energy transition fund, with an innovative structure to balance long-term investment with built-in liquidity.

Biodiversity: lessons from the Dutch working group

A number of leading Dutch financial institutions have joined forces to boost knowledge about biodiversity within the financial sector. Merel Hendriks and Simon Zwagemakers outline some of the key developments

A tenth of insurer investments in climate sensitive assets, says EIOPA

More than 10% of total investments by European insurers could be in sectors highly exposed to climate risk, according to preliminary data from the European Insurance and Occupational Pensions Authority (EIOPA)

ESG fund assets pass $1trn milestone

Assets in sustainable funds have rebounded sharply following the market meltdown triggered by the Covid-19 pandemic, to hit a record high of $1.06 trillion, as of the end of June.

100 EU Taxonomy-eligible firms identified by Morgan Stanley

Morgan Stanley has identified 100 listed European companies which it believes generate revenues eligible under the EU Taxonomy, but said data limitations constrain fuller assessment

People Moves 31 July: HSBC; UNEP FI; Tribe

Allianz: Impact underwriting offers 'double dividend' for investors

German insurance giant Allianz has identified nine areas in which its underwriting activities can help meet the UN's Sustainable Development Goals.