Ahren Lester

EU's TEG publishes five principles for sustainable recovery

The 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.

SASB and GRI announce sustainability disclosure collaboration

The 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.

World Bank launches EM green taxonomy development guidelines

The 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'.

Australian pension fund to exit coal amid climate announcements

Australian 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.

Foresight buys £1.8bn pension fund asset manager PiP

Foresight has agreed to buy the UK's Pension Infrastructure Platform (PiP) for an undisclosed sum as it continues to bolster its sustainable infrastructure assets.

People Moves, 10 July: BT Pension; Mirova; JPMorgan; RPMI Railpen; Aegon; Gresham House

Rocky Mountain Institute launches climate finance centre with US banks

The Rocky Mountain Institute (RMI) has launched a research centre to help shape the role that the financial industry has in driving the transition to a low-carbon economy, with four major US banks collaborating on the project

Axa IM strengthens gender diversity voting policy

Axa Investment Management has expanded its gender diversity voting policy for firms in developed and emerging market economies, as it continues to ramp up pressure on companies to improve their practices

Green and sustainability-linked loan round-up: CIP, Siemens Gamesa and more

AgriFunds urged to improve natural capital risk disclosure

Food and agriculture funds have been urged to improve reporting on nature-related risks, after a report showed major investors in the sector were materially exposed to the financial risks associated with natural capital threats.