Ahren Lester

Social bond 'socium' equivalent to one-notch credit rating upgrade

AustralianSuper under climate pressure over Vanguard fund investment

AUD244 billion ($173 billion) pension fund AustralianSuper is facing pressure over the climate risk it is exposed to through the AUD1.4 billion held in Vanguard index funds.

Investor welcome for Shell exit from Cambo oil project

Oil supermajor Shell has backed out of investing in the Cambo oilfield project in Scotland in a move described as a "deathblow" for the controversial project...

Bond round-up: ASTM, EDF, Societe Generale, Hong Kong, GEK Terna ... and more

Timmermans: We must be 'rational' on nuclear in the EU Taxonomy

European Commission Vice President Frans Timmermans said the EU must be "rational" about whether to include nuclear power in its 'Taxonomy'...

Science Based Targets initiative welcomes first Russian financial firm

Tinkoff has become the first Russian financial firm to join the Science Based Targets initiative (SBTi) ahead of setting its own Paris Agreement-aligned climate targets.

Nordea, Kempen among new Finance for Biodiversity Pledge signatories

Financial firms managing more than €12 trillion ($13.6 trillion) in assets have now signed the Finance for Biodiversity Pledge after nine new signatories joined the initiative, including Nordea Asset Management and Kempen.

$10trn asset owner alliance urges blended climate finance push

The UN-convened Net Zero Asset Owner Alliance (NZAOA) has urged development finance institutions (DFIs) to better use public-private finance partnerships...

Australian regulator strengthens final climate financial risk guidance

APRA has published its final guidance for financial firms for managing financial risks of climate change, including tightened recommendations around kick-starting climate scenario analysis and encouraging the adoption of climate-related targets.

German coalition praised for making climate top priority