-
US banks tell Basel they 'strongly oppose' climate stress test
21 February 2022A group of financial institutions chaired by Goldman Sachs has spoken out against any climate stress testing that could lead to regulatory changes in a letter to the Basel Committee on Banking Supervision.
-
ASEAN sustainable fund standards will need tightening, says HSBC
21 February 2022A proposal for an ASEAN sustainable fund standard is a "good start" but will need to be tightened to align it with other international standards...
-
The future of sustainable finance is political
21 February 2022Wrangling over the EU Taxonomy shows the future of sustainable finance is inherently political, argues Will Martindale
-
Bill may force CalPERS, CalSTRS to divest fossil fuels
21 February 2022Two of the largest pension funds in the world could be forced to divest billions of dollars of oil and gas holdings by July 2027, under proposed legislation.
-
All EU green bonds to require transition plans under latest proposal
21 February 2022All EU Green Bond issuers should create transition plans with emissions reductions targets covering at least the next five years, said the European Parliament's Environment,...
-
Philippines urges European investors to back green bond after COP disappointment
21 February 2022The Philippines has urged European investors to support its forthcoming $500 million green bond debut after the "disappointing" response of developed nations to support climate finance for emerging economies at the COP26 climate conference.
-
Social impact investment trust makes £11m commitments
18 February 2022Schroder BSC Social Impact Trust has invested £6.6 million ($9 million) in follow-on impact investments and committed a new, £4.5 million investment in the Community Investment Fund in the last three months.
-
A 'year of records' for LGX
18 February 2022The ground-breaking Luxembourg Green Exchange set fresh records in 2021, Laetitia Hamon tells Ahren Lester
-
Nordea reveals 'most influential' biodiversity developments
18 February 2022The most significant advances in biodiversity in the coming year for financial institutions will be standardised frameworks, executives from the market insight arm of bank Nordea have said.
-
BIS warns against lower capital requirements for green assets
18 February 2022Regulators have been warned against lowering capital requirements for 'green' assets, which would be counterproductive and could even lead to a "green bubble", in a note from the Bank for International Settlements (BIS).