Archive

News Round Up: Bankers for Net Zero, Downing REIT, GPIF, and more

Third of UK 'low carbon' funds contain oil and gas holdings

An investigation by think tank Common Wealth into UK funds with climate or low carbon themes has found over a third hold oil and gas producing companies.

UK's FCA publishes rules for mandatory TCFD

The UK's Financial Conduct Authority (FCA) has published 'comply or explain' rules for company disclosure in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).

Federal Reserve 'making important progress' on climate change, says governor

The US central bank "has been making important progress in laying the groundwork to incorporate climate considerations where they are material and relevant to our statutory responsibilities," according to a governor of the Federal Reserve.

People Moves 18 December: NN IP, US Government, Apricum, Alterra, ClimateCare, ECIU, IETA

Planet Tracker identifies deforestation risk behind ETFs

Exchange traded funds (ETFs) from asset managers including BlackRock (iShares), Vanguard and State Street hide entrenched deforestation risk from investors, according to sustainability think tank Planet Tracker.

EFAMA backs call for ESG data firm regulation

The European Fund and Asset Management Association (EFAMA) has announced support for proposals by two European market watchdogs that the EU should regulate environmental, social and governance (ESG) data, research and ratings firms.

Hong Kong regulators deliver action plan for greening financial ecosystem

A steering group composed of key Hong Kong regulators has announced its five-point action plan for a green and sustainable finance strategy for the major financial centre.

News round-up: LGIM launches transition fund, ICE to host UK ETS, Vestas takes CIP stake ... and more

International sustainability standards 'should incorporate SDGs'

Efforts to develop international sustainability reporting standards should use the Sustainable Development Goals (SDGs) "as an underlying anchor", according to the European Securities and Markets Authority (ESMA).