Christopher Marchant

News Round Up: Morgan Stanley, State Street, Redington, and more

Fitch: Utilities more exposed to transition risk than physical risk in 2°C scenario

The portfolios of energy companies are far more vulnerable to sudden changes in environmental, social and governance (ESG)-related policies and regulation than to the actual physical effects of climate change in the event of a less than 2°C warming scenario, according to ratings agency Fitch.

Emerald invests in water treatment technology company

Emerald Technology Ventures has led a €3 million ($3.5 million) funding round for Finnish start-up Sofi Filtration.

News Round Up: P&G shareholder resolution, Microsoft, ClimateCare, and more

Achmea Innovation Fund invests in reforestation company

The Netherlands-based financial services provider Achmea is taking a 'significant' non-controlling interest in Land Life, a reforestation company.

Private wealth holders to 'almost double' impact investing by 2025

Research by Campden Wealth, Global Impact Solutions Today (GIST), and Barclays Private Bank suggests the average portfolio allocation of private wealth holders and family offices for social and environment impact is to increase from 20% in 2019 to 35% in 2025.

ESG News Round-Up: LGIM, Triple Point, Foster Denovo, and more

Co-chairs confirmed for TNFD working group

Three co-chairs have been nominated to lead the Informal Working Group (IWG) that is tasked with launching a work plan for the Task Force on Nature-related Financial Disclosures (TNFD):

$5trn of investors set 'unprecedented' 1.5°C emissions target

Some of the world's largest investors, with a combined $5 trillion in assets, have pledged to implement deep greenhouse gas (GHG) emissions reductions in their portfolios over the next five years, putting them on course to help limit global warming to 1.5°C.

Carney: 'Urgent' steps needed for net zero transition

Financial leaders such as former bank of England governor Mark Carney and former chair at the US Federal Reserve Janet Yellen have called for 'urgent and practical' steps to shape incentives, reduce uncertainty, and accelerate the transition to a net-zero emissions economy.