Ahren Lester

'Blue bonds' could finance fish stock recovery

Planet Tracker has proposed a 'blue bond' could be used to finance the replenishment of fish stocks by subsidising fishing firms to reduce capacity to allow population recovery.

Storebrand excludes 27 firms as it tightens climate policy

Norwegian asset manager Storebrand has tightened its climate policy significantly, which will see it exclude 27 firms including oil majors Chevron and ExxonMobil, miner Rio Tinto and chemicals giant BASF.

Central banks should step up to face environmental breakdown risk in finance

Market-fixing approaches such as the nascent Task Force for Nature-related Financial Disclosures (TNFD) are "unsuitable" for managing the risks posed by environmental breakdown, an academic paper has argued, instead proposing that central banks and financial regulators should introduce strict industry-wide exclusionary criteria.

£32bn Pension Protection Fund hails ESG progress

The UK Pension Protection Fund (PPF) has hailed its environmental, social and governance (ESG) progress in its first responsible investment report, including building pressure on external managers and increasing engagement, as it looks to push harder for disclosure improvements.

Northern Trust boosts environmental data analytics capabilities

Northern Trust has added further environmental data categories to its environmental, social and governance (ESG) risk exposure analytics services, amid demand from clients.

Green and sustainability-linked loan round-up: Ista and Acciona

Norwegian oil fund continues ESG engagement ahead of renewables push

The manager of the giant Norwegian sovereign wealth fund reported it was continuing to engage heavily with firms on environmental, social and governance (ESG) issues, but was yet to get off-the-mark in its renewable energy investments.

BHP increases climate pressure on industry associations

Anglo-Australian mining giant BHP has enhanced its policy towards industry associations as it looks to ensure its climate lobbying aligns with the Paris Agreement.

Apex launches private company ESG ratings service for investors

Financial services firm Apex has launched a platform offering an environmental, social and governance (ESG) rating and scoring service for private companies, allowing investors to generate sustainability insights for their entire portfolio.

Big data 'can help assess country ESG risk, and its implications for companies'

Big data can help investors better understand countries' environmental, social and governance (ESG) risks, and the challenges these present to the companies operating within them, said MSCI.