Archive

UK should 'seriously consider' taxonomy timeline after government overhaul

The UK government should reconsider the timeline for its taxonomy of sustainable activities after the entry of Prime Minister Liz Truss' administration, its independent advisory group has said.

Comment: The UK's sustainable finance rules: A job half done

The new UK government needs to finish the job started by its predecessors, and belatedly finalise its sustainable finance policies, writes Peter Cripps

BlackRock hit with $794m Louisiana divestment due to 'net zero' push

The treasurer of Louisiana has pledged to divest from all investments made by the state in BlackRock funds in a further escalation of the sustainable investing political backlash in the US.

HSBC: Asian GSSS bonds lose their shine

Macquarie invests in carbon offsets consultancy

Taking the brakes off onshore wind

Lifting the effective ban on onshore wind farms in the UK will "release the brakes" for investors, Foresight tells Environmental Finance.

People Moves 7 October: BNP Paribas, M&G, Mirova ... and more

Incofin plans to launch four impact funds

Incofin Investment Management plans to launch four impact funds over the next year, including a $60 million private equity fund focussed on drinkable water in "the coming weeks".

Munich Re to refuse coverage for new oil and gas fields

Munich Re is to stop insuring and investing in projects for new oil and gas fields, midstream oil infrastructure and oil-fired power plants, in a bid to meet Paris Agreement climate targets.

Investors should label plastic as an asset, says Planet Tracker

Impact investors should label non-recyclable, plastic materials as an asset so that portfolio companies use plastic more responsibly, said Planet Tracker.