Archive

Sustainalytics is biggest external reviewer in 2018

Sustainalytics was the biggest provider of external reviews in the green, social and sustainability market in 2018, according to an analysis by Environmental Finance.

Green bond round-up: Société du Grand Paris, Duke Energy, ReNew Power, Kommuninvest, World Bank, Santa Fe

Political rifts foil EU taxonomy definition of ‘brown’ activities

An effort to define criteria for economic activities with a negative environmental impact within the EU’s sustainability taxonomy has been thwarted by political divisions in the European Parliament.

Zurich reports under new impact measurement framework

Zurich Insurance Group, with the help of BlackRock, has developed a "first of its kind" impact measurement framework that allows it to aggregate two key environmental and social metrics across different asset classes.

One-stop shop green securitisation service launched

A service has been launched to help boost the issuance of green securitisations.

Mapfre to stop underwriting coal

Mapfre’s new policy on insuring the coal industry has been welcomed by climate activists, although they pushed for it to take more radical action.

UK’s Climate Financial Risk Forum to produce guidance on climate risk

The Climate Financial Risk Forum (CFRF) – a new UK body comprising insurers, banks and asset managers – aims to produce practical guidance to address climate-related financial risks.

RBA calls for climate scenario analysis in economic modelling

The Reserve Bank of Australia (RBA) has warned that climate change affects both monetary policy and financial stability, and called for economic models to incorporate the scenario analysis, as used in climate models.

China green guidelines promote verification services for first time

The publication of China’s first nationally unified guidelines on green finance could herald the rise of a new breed of green services, according to a Hong Kong-based consultancy.

EU carbon market update, 11 March 2019

Further large swings in the price of EU Allowances (EUAs) are possible this week, in particular due to the Brexit vote(s), but higher auction volumes will help accommodate strong compliance buying, says Louis Redshaw.