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EQT Foundation invests in carbon removal company
12 April 2023 -
'More guidance needed' on TNFD, finance pilot says
11 April 2023More guidance on the Taskforce on Nature-related Financial Disclosures (TNFD) framework is needed, a pilot with 42 financial institutions overseen by UNEP FI has said.
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FCA leads international regulator work on anti-greenwashing tech
11 April 2023 -
Legal & General to close green bond ETF after two years
11 April 2023Legal & General Investment Management (LGIM) is closing its dedicated green bond exchange-trade fund (ETF) from May, just two years after launching the fund.
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Taiwan relaxes sustainable bond rules for foreign banks
11 April 2023 -
Gresham House: Sustainable timber demand to triple
11 April 2023Demand for sustainable timber will increase by up to three times over the next three decades despite friction with local communities, a forestry investor at Gresham House has predicted.
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NY Fed: US bank transition risk exposure 'meaningful, but manageable'
11 April 2023Research by the New York Federal Reserve said that US banks have a "meaningful" but "not very large" exposure to climate transition risk in their loan portfolios, with even the most severe scenarios impacting no more than 16% of their loan books.
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NBIM backs sustainability assurance standards
11 April 2023Norges Bank Investment Management (NBIM) has encouraged the development of further assurance standards to help combat greenwashing and provide greater clarity for investors on sustainability issues.
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Citi launches sustainable time deposit account for US clients
11 April 2023 -
Nuveen's Glennmont acquires Italian solar projects
11 April 2023