Archive

Axa IM 'downgrades' and 'may reduce exposure to' companies that weakened climate targets

European fund management giant Axa Investment Managers has "downgraded" companies that weakened their decarbonisation targets and is considering selling some of its holdings in these companies due to perceived increased risk, a sustainability head said.

SEC ends defence of climate rule in 'backward step for investors'

The Securities and Exchange Commission (SEC) has ended defence of its own climate disclosure rule, signalling a major blow to hopes it could be saved from legal challenges.

TotalEnergies to generate 50 million nature-based credits

TotalEnergies has revealed plans to generate 50 million nature-based carbon credits by 2030.

People Moves, 28 March: Phoenix Group, Capricorn, Rebalance Earth ... and more

Redemptions, taxonomies to help sustainable bond market to fresh highs, says SocGen

The acceleration of sustainable bond maturities and ongoing proliferation of 'green' taxonomies globally could be major drivers for sustainable bond issuance to reach $7 trillion, according to Société Générale.

Cambridge Associates shifts sustainability focus to climate risk planning

Global investment consultancy Cambridge Associates is prioritising climate risk assessments throughout its portfolio as a "number one priority" for the remainder of the year.

Triodos Bank makes nature loan to RESTORE

Canadian election 'casts a shadow over' work on taxonomy, disclosures

The future of Canadian sustainable finance policy, including a proposed green and transition taxonomy and sustainability-related disclosures, is shrouded in uncertainty as the country prepares for a federal election next month, a policy expert has said.

TPG Rise Climate starts deploying €2.5bn Global South strategy

CIP backs Italian battery storage portfolio