Joe Walsh

SUSI to launch delayed €1bn renewables vehicle after change of strategy

Central banks are 'not leading by example' on climate change

Central banks have started playing "a crucial role" in mobilising the institutions they supervise to address climate risks, but "seem more hesitant to lead by example" when it comes to their own investments, a report argues.

People moves: SIM, IIRC, Swiss Life, Brunel Pension, SUSI, Nordea

Responsible soy credit facility to issue $1bn in green bonds

A credit facility that aims to issue $1 billion in green bonds to fund sustainable soy production in Brazil has been launched at London Climate Action Week.

Aviva launches workplace pension scheme based on ESG funds

Aviva has launched a default workplace pension scheme that will incorporate ESG and ethical considerations, based on the Aviva Stewardship funds.

UN body plans TCFD-style guidelines for insurance regulators

The Principles for Sustainable Insurance (PSI) initiative is aiming to launch guidelines for insurance regulators that are similar to those for companies and investors issued by the Financial Stability Board's (FSB) Task Force on Climate-related Financial Disclosures (TCFD).

Africa leads the way for sustainable insurance, says PSI

Africa is leading the way for sustainability-focused insurers as it is facing the most immediate challenges in areas such as agriculture and resilient cities, said Butch Bacani, programme leader of the UN Environment's Principles for Sustainable Insurance initiative (PSI).

Biggest fossil fuel companies more than six times over carbon budget

The 200 biggest coal and oil & gas companies have more than six times their allocated carbon budget in their reserves, according to a report by the Fossil Free Indexes (FFI).

KfW's 2017 green bonds prevent 2.1m tonnes of GHG

KfW has issued €2.7 billion ($3.2 billion) in green bonds in 2017, avoiding 2.1 million tonnes of greenhouse gas (GHG) emissions per annum, it has estimated

UBS launches Global Impact Fund

UBS Asset Management (AM) has launched UBS Equity SICAV Global Impact Fund, an open-ended fund targeting companies that aim to have a positive social and environmental impact.