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More than 40% of ESG funds would breach ESMA naming rules, ClarityAI says

More than 40% of funds using environmental and impact terms are invested in assets that breach exclusionary criteria in new EU fund name rules, potentially requiring managers to change their fund's name or divest assets, ClarityAI has said.

ETF Partners to back 'green' digital sustainable businesses via €285m fund

Environmental technology-focused venture capital impact investment firm ETF Partners has closed its fourth fund at €285 million ($310 million), exceeding its €250 million target.

Gresham House urges UK government to "provide reassurance" on biodiversity net gain

Gresham House has called on the UK government to provide further reassurance on the implementation of the Biodiversity Net Gain legislation, to help scale up private-sector involvement.

Sustainable bond market hits $5trn of issuance

Cumulative issuance of sustainable bonds has now crossed the $5 trillion mark, boosted by strong support from sovereign issuers.

NextEnergy raises 25% above target size for UK solar fund, eyes £1bn hard cap

Emissions disclosure gaps key sign of untrustworthy transition plan, says PGIM

"A lot of" companies still fail to disclose their Scope 1 and 2 greenhouse gas (GHG) emissions despite having set targets to reach 'net zero' - a red flag that their transition plans may be unreliable, according to a major asset manager.

Three key trends driving the global green transition

The market forces driving the transition separates it from many other thematic investments, argues Rahul Bhushan

'Investors should require environmental profit and loss statement'

Investors should require their portfolio companies to provide an environmental profit and loss statement to help better articulate the "hidden cost" of nature, Paula DiPerna has told Environmental Finance.

Transition plan credibility test should be core to green bond investments, says PGIM

Investors should only buy green bonds from issuers with credible transition plans, according to a major asset manager.

Biodiversity resolution sees muted support at Home Depot

A resolution urging retail giant Home Depot to carry out a biodiversity risk assessment received 16% investor support at last week's AGM, which filer Domini Impact Investments said signals there is "more work to be done".