Archive

'New risks' for banks brought by climate in EU prudential disclosures

The requirement for large EU banks to disclose more information on the climate risks they face means they are likely to be exposed to new financial risks that could directly impact banks' credit quality, according to a credit rating agency.

Circular economy fund invests in food

Circularity Capital has invested an undisclosed amount in Cocogreen, which designs and manufactures a material to grow fresh food.

First-loss capital could make COP26 promises a reality

Vietnam-based asset manager Dragon Capital Group called for greater use of first-loss capital in emerging markets in a meeting with COP26 President Alok Sharma.

Verisk launches new Sovereign ESG Ratings

Data analytics provider Verisk Maplecroft has launched sovereign environmental, social and governance (ESG) ratings,...

Sustainability-linked finance guidelines for shipping firms published

Guidelines for shipping firms and lenders on issuing sustainability-linked loans and bonds have been published by a working group of Nordic firms in order to introduce a higher level of industry standardisation and avoid 'greenwashing'.

Loan round-up: DEME, VinFast, The Student Hotel ... and more

French regulator engages with insurers on their climate strategy

The French prudential regulator (ACPR) has published its first report on the governance of climate change risks in the insurance sector.

CNP Assurances ends direct investment in oil & gas

CNP Assurances will no longer invest in new oil or fossil gas exploration or production projects,...

Solactive launches ex-fossil fuels Index

Solactive has partnered with Osmosis to launch a fossil fuel-free index, which has £200 million ($270 million) of seed investment from East Sussex Pension Fund.

Carbon Care Asia to become part of Deloitte

The sustainability, carbon and ESG advisory services of Hong Kong-based Carbon Care Asia are to be integrated into the advisory services of Deloitte China.