Christopher Marchant

ACPR: Banks need to incorporate climate into risk management framework

The French Prudential Supervision and Resolution Authority (ACPR) has published a guide to good practices in governance and climate risk management for the banking industry.

Exxon climate resolution gains further support ahead of tomorrow's AGM

The UK's Local Authority Pension Fund Forum (LAPFF) has called on its members to oppose the re-election of the entire ExxonMobil board, adding to pressure on the oil and gas giant's climate policies.

People Moves, 22 May: Brunel Pension Partnership; NN Investment Partners; Institute of International Finance; DWS; Vigeo Eiris

Pimco engages with 175 issuers for ESG portfolios

Investment of £65bn needed for UK homes to meet environmental targets

Up to £65 billion ($80 billion) of investment is needed to maximise the number of UK homes with a Energy Performance Certificate of 'C' or above by 2035.

Majority of Europe's largest companies still 'failing' in climate reporting

In 2019, more than three quarters of Europe's largest companies were not adequately reporting climate and environmental risks, according to the Climate Disclosure Standards Board (CDSB).

$500m real estate green loan agreed in Singapore

Singaporean property manager GuocoLand has agreed a SGD730 million ($515 million) green loan for the construction of a residential and commercial development.

Unédic issues largest ever social bond

Unédic, France's unemployment insurance management body, has launched the world's largest ever social bond, raising €4 billion ($4.3 billion) to support its response to the Covid-19 pandemic.

IBRD launches first sustainable development bond impact report

The International Bank for Reconstruction and Development (IBRD) has published its first impact report covering all bond issuances and the entire portfolio of IBRD's development activities.

Covid-19 to push ESG up property investors' agenda

The coronavirus pandemic will help property investors to prioritise environmental, social and governance (ESG) concerns, and has demonstrated that 'business as usual' will be an insufficient reaction to the crisis.