Christopher Marchant

K2A launches 'world's first' green equity framework

Swedish housing company K2A has launched what it believes to be the first green-labelled equity framework.

LGIM to oppose election of ExxonMobil executive chair

Legal & General Investment Management (LGIM) has added to growing investor pressure on ExxonMobil to implement improved climate policies ahead of its AGM.

BlackRock and Amundi to benefit if coronavirus accelerates ESG trends

If the coronavirus pandemic boosts environmental, social and governance (ESG) trends from investors, BlackRock and Amundi screen highly as stocks positioned to benefit.

Citigroup claims more than $100bn in environmental finance since 2014

Banking giant Citigroup said it has funded or facilitated more than $164 billion of activities to combat climate change since 2014.

People Moves 7 May; Morgan Stanley Investment Management, Sustainalytics, Pollination, HSBC

Exclusive: BlackRock partners with Rhodium to model climate risk

BlackRock is to partner with research firm Rhodium Group to provide data on the physical impacts of climate change.

LAPFF backs climate resolutions at Barclays

Moody's lowers 2020 sustainable bond forecast after Q1 slump

Ratings agency Moody's has scrapped its original $400 billion green, social and sustainability bond forecast for 2020, after the issuance of green bonds fell 49% in the coronavirus-hit first quarter of 2020.

Berkshire Hathaway divests from airline industry

Insurance and investment conglomerate Berkshire Hathaway has sold its entire $6.5 billion investment in the US airline industry because of the impact of the coronavirus outbreak.

Tiff Macklem appointed governor of Bank of Canada

Tiff Macklem, former deputy governor of the Bank of Canada and current Dean of the Rotman School of Management at the University of Toronto, has been appointed to lead the central bank.