Archive

GAM sets 2030 decarbonisation targets for $12.5bn portion of assets

Swiss asset manager GAM Investments has set decarbonisation targets for 36% of its investment management assets - but said methodology and data issues restricted it from setting comprehensive targets.

Oaktree launches 'responsible' fund

Moody's launches ESG risk tool for P&C insurers

Global risk assessment firm Moody's has worked with specialty re/insurer Chaucer to launch a tool to help property and casualty insurers integrate environmental, social and governance (ESG) risk ...

Council of the EU approves De Cambourg as chair of EFRAG sustainability reporting board

The Council of the EU (the Council) has endorsed Patrick de Cambourg to become chair of EFRAG sustainability reporting board (SRB).

Moody's proposes transfer of SPO business to credit rating unit

Moody's has proposed to transfer its sustainable finance second-party opinion (SPO) business to its credit rating unit, whilst it also requested feedback on its updated SPO assessment and scoring framework.

How diligent client onboarding can mitigate greenwashing

Ensuring efficient data collection from clients can be a key tool in tackling greenwashing risks, argues Edel Brophy

NGFS targets wider use of scenarios after release of third iteration

Climate scenarios for central banks and supervisors have been updated to include national 'net zero' commitments at the COP26 climate conference in Glasgow, ahead of a move to broaden the potential application of the scenarios to private financial institutions.

SDCL Energy Efficiency Income Trust exceeds placing target by £35m

Airport raises biodiversity sustainability-linked loan

HSBC: Biodiversity-focused SLBs could increase

An increase in the issuance of sustainability-linked bonds (SLBs) linked to biodiversity could result from the combination of the forthcoming biodiversity COP with an ICMA release, writes Thomas Cox