Archive

Index providers must account for ESG data quality to avoid under-serving investors

There is a risk that green-labeled indices may overpromise and under-deliver without a commitment to data quality and transparency from their providers, writes Jonathan Gardiner

Investor group backs SEC over courts for shareholder rights

A group of 39 investors representing combined assets under management of $5.2 trillion have backed the Securities and Exchange Commission (SEC) to continue as the preferred arbiter of shareholder proposals in the US.

Averon Park plots acquisition of Foresight Sustainable Forestry Company

Sustainable infrastructure investor Averon Park has made a bid to acquire and take private London-listed timber investor Foresight Sustainable Forestry Company in a cash deal valuing the company at £167 million ($212.3 million).

Shareholders back Scope 3 targets for Yara International

Support for an unsuccessful resolution at Yara International's AGM to set Scope 3 emissions reduction targets shows an increasing focus on the climate impacts of the fertiliser industry, according to ShareAction.

Aviva lends £65m debt package to UK electric bus business

Bond round-up: Qatar, Emirates Islamic Bank, Pandora ... and more

ETF leads €8m funding round for emissions management platform

Mentha launches debut impact fund

US government's carbon market principles provide 'cover' for buyers

Principles for 'high integrity' voluntary carbon credits published by the US government will provide companies with "air cover" against concerns that they will be criticised for participating in the markets, according to a senior figure.

SBTi updates criteria to enable 'ambitious' near-term targets

The Science Based Targets initiative (SBTi) has released criteria updates and resources for financial institutions to set "ambitious" near-term emission-reduction targets to keep warming to 1.5°C as well as the introduction of fossil fuel finance criteria.