Archive

GFANZ banks give 'little evidence' of short-term climate plans

The short-term climate targets of the largest banks in the world are insufficient despite their membership of Glasgow Financial Alliance for Net Zero (GFANZ), a report has found.

ING restricts new oil and gas field finance

IBRD issues innovative 'pay-for-success' rhino bond

The International Bank for Reconstruction and Development (IBRD) has raised $150 million from a ground-breaking 'pay-for-success' sustainable development bond to support rhino conservation in South Africa.

Energy efficiency's 'time has come', says financier

A fund that focuses on energy efficiency investments has raised £100 million ($130 million) on the same day it announced its intention to tap the market.

DBS 'treads carefully' on emissions targets in defining year

While Singapore's DBS does not yet have all the solutions, it says it is working to find them. Genevieve Redgrave reports

Shell and Macquarie invest in carbon offset firm

Shell Eastern Trading, a Singapore-based division of Shell, and infrastructure asset manager Macquarie, have invested for a second time in C-Quest Capital (CQC), a provider of clean cookstoves in Sub-Saharan Africa.

People Moves 25 March: HSBC; Abrdn; ANZ; MSCI & more...

Nasdaq launches carbon removal ETF

Investors ready to vote against boards that don't meet climate targets, says Nuveen

The upcoming 2022 proxy season is likely to have a strong focus on environmental, social and governance (ESG) aspects with a move past transparency and towards accountability, claims a new report from Nuveen.

Legal & General escalates assault on 'half-baked' climate plans