Archive

UN's Principles for Responsible Banking tightens signatory scrutiny

Signatories of the UN Principles for Responsible Banking (PRB) have voted to establish a governance body to ensure effective implementation of the commitments, which could ultimately lead to laggards being thrown out.

People Moves 17 July; SEB; Rathbone Greenbank; Gresham House; LuxSE; SASB; Climate Bonds Initiative; RMPI Railpen; Pensions For Purpose; Best Practice Principles

'Impact rescue facility' targets $1bn for SMEs hard-hit by Covid-19

A 'liquidity lifeboat' debt vehicle has been launched to help small- and medium-sized enterprises (SMEs) in emerging markets respond to the effects of the coronavirus pandemic.

EU's TEG publishes five principles for sustainable recovery

The EU Technical expert group on sustainable finance (TEG) has proposed five high-level principles for sustainable recovery and resilience that should guide the bloc's stimulus packages in response to the coronavirus (Covid-19) crisis.

WFE highlights lack of consensus on ESG standards across exchanges

Stock exchanges have flagged the array of different environmental, social and governance (ESG) reporting standards as a hindrance to their sustainability efforts.

American insurers still lagging on ESG investing, Goldman finds

Nearly 40% say ESG not considered in investment process

Nature-positive development could add $10trn to economy, says WEF

Transitioning three major sectors of the economy onto 'nature-positive' paths could create $10 trillion of economic growth and 395 million jobs by 2030, according to the World Economic Forum (WEF).

Biodiversity webinar: 'Mandate nature-related disclosures'

Investors and companies should be required to report information relating to their positive and negative impacts on nature, a webinar on biodiversity hosted by Environmental Finance heard.

Green and sustainability-linked loan round-up: Iberdrola, Concert Properties, ERG

KKR has global ambition for Australian environmental markets platform

Private equity giant KKR is to invest an undisclosed amount in GreenCollar, a natural resource project development and environmental markets platform based in Australia, and has pledged to turn it into a global business.