Archive

Strong performance for green, social and sustainability bond funds in 2019

After a torrid 2018 green, social and sustainability bond funds experienced a stronger performance in 2019, off the back of a rallying fixed income market. But performances were highly variable, reports Ahren Lester.

RGGI auction price hits four-year high after New Jersey rejoins

The price of emission allowances in the latest auction of the Regional Greenhouse Gas Initiative (RGGI) carbon trading scheme reached $5.65, the highest clearing price since December 2015.

Lombard Odier launches 'climate transition' fund

Lombard Odier Investment Managers has launched a 'climate transition' fund that it says "pursues alignment with" a net-zero emissions economy, by investing in the best-prepared companies in heavily polluting sectors.

Mizuho Financial faces first Japanese climate resolution

Mizuho Financial faces the first shareholder resolution in Japan, calling on the bank to disclose its climate risks and publish a plan to align investments to the Paris Agreement.

People Moves, 13 March: KKR, Lombard Odier, Deloitte, HSBC, PRI, and more

Explaining the concept of dynamic materiality

What is material today may not be tomorrow, and what is not material today may be tomorrow, argue Thomas Kuh, and Andre Shepley

UK government launches pensions TCFD consultation

A UK government-backed group has published occupational pension scheme guidance on reporting in line with the Taskforce on Climate-Related Financial Disclosures (TCFD).

UK government hearing expresses doubt over carbon credits resolution

Carbon market experts were gloomy about the prospects of resolving challenges to building a global market for offsets at the next UN climate talks.

Legal & General portfolio on track for 3.1°C of warming: TCFD report

Financial services giant Legal & General (L&G) has estimated that its current holdings of listed assets are aligned with 3.1°C of global warming.

Arcano launches €300m impact fund

Arcano Asset Management plans to raise €300 million ($337 million) for a private equity impact fund which it claims is the first of its kind in Spain.