Archive

Are banks really going green, or just greenwashing?

Some of the world's largest banks have made hundreds of billions of dollars in commitments to sustainable financing, with many pledging to align their portfolios with the goals of the Paris Agreement. Christopher Marchant asks whether these commitments are impactful

PRI publishes investment manager selection, monitoring guides

The Principles for Responsible Investment (PRI) published three new guides for asset owners, outlining how they can ensure environmental, social and governance (ESG) considerations remain at the heart of their relationships with investment managers.

Brunel moves beyond ESG risk mitigation with £1.2bn equities fund

Brunel Pension Partnership has launched a £1.2 billion ($1.6 billion) listed global equities fund that moves beyond mitigating environmental, social and governance (ESG) risks, and is focused on investing in companies that make a positive contribution to society.

UK social impact investment market passes £5bn

The UK's market for social impact investments jumped a fifth in 2019 to about £5.1 billion ($6.7 billion) in total, according to research by Big Society Capital.

EU Commission forms working group on social taxonomy

The European Commission has announced the formation of working groups as part of its Platform on sustainable finance, including one to explore building a Social Taxonomy.

$6bn charity criticises 'appalling' climate voting records of major investors, advisors

The Children's Investment Fund Foundation (CIFF) has sent a letter to a dozen major global investors, pension consultants and proxy voting advisors criticising their "appalling" records for using shareholders' votes to deliver the transition to a net-zero economy.

News Round Up: MSCI, Vanguard, Mirae Asset, and more

Triodos agrees Indonesian impact debt facility

Triodos Microfinance Fund has provided a €3 million ($3.5 million) debt facility to Indonesian peer-to-peer digital lender KoinWorks.

CA100+ ups pressure on corporates to align lobbying with Paris Agreement

Institutional investors with a combined $6.5 trillion in AUM have issued "urgent" demands to 47 of the largest US-based corporate greenhouse gas (GHG) emitters to disclose their climate lobbying practices.

News round-up: Japan's net zero goal, Willis Towers Watson, Rockefeller Foundation ... and more