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ERAFP opens tender for €1bn multi-asset fund of funds
23 July 2020French pension fund ERAFP has launched a call for tenders for two new diversified fund of funds mandates for a portfolio worth a combined €1 billion ($1.15 billion).
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Malaysia launches sustainable finance initiative
23 July 2020Capital Markets Malaysia (CMM) has launched an initiative to spur growth in sustainable financing following recommendations from the nation's securities regulator.
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Green and sustainability-linked loan round-up: WDP, Suominen, Acerinox, Downing
22 July 2020 -
Task Force on Nature-related Financial Disclosures working group announced
21 July 2020Ten financial firms have joined a working group to develop a reporting framework for the impact of the financial sector on biodiversity and ecosystems to complement the Task Force on Climate-related Financial Disclosures (TCFD).
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PRI reports jump in climate-related reporting among signatories
20 July 2020The Principles for Responsible Investment (PRI) said that reporting against the recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD) among its signatories has jumped after it was made mandatory, but more progress is still needed.
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UN's Principles for Responsible Banking tightens signatory scrutiny
17 July 2020Signatories of the UN Principles for Responsible Banking (PRB) have voted to establish a governance body to ensure effective implementation of the commitments, which could ultimately lead to laggards being thrown out.
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EU's TEG publishes five principles for sustainable recovery
17 July 2020The EU Technical expert group on sustainable finance (TEG) has proposed five high-level principles for sustainable recovery and resilience that should guide the bloc's stimulus packages in response to the coronavirus (Covid-19) crisis.
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SASB and GRI announce sustainability disclosure collaboration
14 July 2020The Sustainability Accounting Standards Board (SASB) and Global Reporting Initiative (GRI) have announced a collaboration to show how their two standards can be used together to help ease the reporting burden.
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World Bank launches EM green taxonomy development guidelines
13 July 2020The World Bank has published a guide for Emerging Market (EM) financial regulators that outlines the process required to develop their own taxonomy on activities and assets that can be deemed 'green'.
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Australian pension fund to exit coal amid climate announcements
10 July 2020Australian pension fund First State Super has outlined a number of climate change actions and targets, including exiting thermal coal, as it urged other Australian pension funds to do the same.