Archive

More consistency needed in infrastructure investment to meet SDGs, says PRI

A significant increase in infrastructure investment and more standardised approaches are required, if the Sustainable Development Goals (SDGs) are to be met, according to the Principles for Responsible Investment (PRI).

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.

Assessing companies' climate lobbying

Responses are being sought to a consultation on a framework to assess whether corporate lobbying is aligned with the goals of the Paris Climate Agreement, write Clare Richards and Rory Sullivan

It's time for ESSG

Stewardship is an integral part of ESG, say Robert Furdak, Jason Mitchell and Steven Desmyter

Zurich withdraws insurance cover for tar sands pipeline

Swiss insurer Zurich will not provide cover for Canada's controversial Trans Mountain tar sands pipeline once the current policy expires at the end of August, a spokesperson for the project said.

EU recovery fund deal could boost green bond market: S&P

A massive potential 'green' debt issuance to fund the EU coronavirus (Covid-19) recovery plan could help crowd-in further green private capital to the market, S&P Global Ratings tells Ahren Lester.

People Moves 24 July: NatWest; MAS; ISS ESG; Climate Bonds Initiative; Morningstar; NordLB; Octopus Group; CPP Investments; University Pension Plan Ontario; Planet Tracker; Enzen; Clarios

Foresight validates wind farm in EU Taxonomy compliance push

Foresight has attained EU Taxonomy validation for its 231MW Swedish wind farm project, as it sets out to build one of the first Taxonomy-compliant investment funds.

ERAFP opens tender for €1bn multi-asset fund of funds

French pension fund ERAFP has launched a call for tenders for two new diversified fund of funds mandates for a portfolio worth a combined €1 billion ($1.15 billion).

Malaysia launches sustainable finance initiative

Capital Markets Malaysia (CMM) has launched an initiative to spur growth in sustainable financing following recommendations from the nation's securities regulator.