Archive

Carney named special envoy on climate

Bank of England governor Mark Carney has been appointed UN Special Envoy for Climate Action and Finance.

People Moves, 29 November

IASB clarifies climate expectations as Big Four face investor scrutiny

The International Accounting Standards Board (IASB) has clarified its expectations on disclosure of climate-related risks, as it emerged that a group of investors had pressured the Big Four accounting firms to focus more on climate.

ESG in fiduciary duty debate is over, says PRI

The debate about whether environmental, social and governance (ESG) issues are part of fiduciary duty "is now over", according to the Principles for Responsible Investment (PRI).

Observing the Green Climate Fund – notes from a parallel universe

As she steps down after four years as a private sector observer to the South Korea-based fund, Alexandra Tracy shares her reflections

PRI to study ‘fundamental legal questions’ on impact investing

‘Fundamental legal questions’ surrounding impact investing will be the subject of a far-reaching study commissioned by the Principles for Responsible Investment (PRI).

Transport taking rising share of climate finance, says think tank

Finance for low-carbon transport has risen sharply in recent years to about $141 billion annually in 2017/18 – about 24% of all global climate finance – according to the Climate Policy Initiative (CPI).

Bonds round-up: Nidec, CNP Assurances, Citycon, Ygrene, World Bank, munis ... and others

Credit Agricole issues €100m transition bond

Credit Agricole CIB has issued a €100 million ($110 million) transition bond, which was privately placed with the investment arm of French insurance giant Axa.

The ESG data files, part six continued: TCFD and the challenge of looking forward

Data providers are stepping in to fill the disclosure gap. Joe Walsh and Peter Cripps report