Ahren Lester

25% of Article 9 funds 'risk losing status'

More than a quarter of EU funds claiming to be 'Article 9' compliant under the EU Sustainable Finance Disclosure Regulation (SFDR) risk losing this status, according to a report from FE fundinfo.

HESTA: Divestment remains last resort for four climate 'watchlist' firms

HESTA said divestment on climate grounds from four energy firms it has warned of intensified engagement is its option of last resort - but remains possible if their response to engagement is "insufficient".

ESG rating changes have 'substantial, long-term' effect on stock returns

Changes in the environmental, social and governance (ESG) ratings of a firm can have "long-lasting effects" on stock returns, according to academic research.

Loan round-up: ESR, Arevon Energy, Wales & West Water, AirTrunk ... and more

Fitch launches 'first' extensive leveraged finance ESG scores

Bond round-up: Italy, Germany, Orsted, Intesa Sanpaolo, Singapore PUB ... and more

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.

HESTA warns four energy firms of potential climate-related divestment

HESTA has warned four energy firms they face heightened scrutiny and potential divestment due to their lacklustre decarbonisation strategies, as the Australian pension fund announced a strengthened 2030 decarbonisation target.

Eurosif appoints Palinska as executive director

NBIM urges Japan to adopt global human rights disclosure standards

The manager of the NOK11.9 trillion ($1.2 trillion) Norwegian sovereign wealth fund has urged Japanese policymakers to encourage companies to provide human rights disclosures...