Peter Cripps

UK financial institutions 'prefer principles to prescriptive EU frameworks'

Financial institutions prefer a principles-based approach to green and transition finance to a prescriptive framework such as the EU taxonomy, according to a survey of market participants by the UK's Climate Financial Risk Forum (CFRF).

Green bond comment: If you can't do the time, don't do the crime

When sovereigns issue 'use of proceeds bonds', they really ought to follow up with impact reports, argues Peter Cripps

Nepal-focused impact fund reaches $72m final close

An impact fund that invests in private sector companies in Nepal has reached a final close, at $72 million.

General Atlantic's climate solutions fund raises $3.5bn

Swiss propose sustainability labelling rules

The Swiss government has proposed rules to prevent financial greenwashing, including that reducing ESG risks alone will be insufficient to label a product or service as 'sustainable'.

Navigating net zero

Investors have a key role to play if the economy is to transition to net zero emissions by 2050. But how can they assess the credibility of transition strategies, asks Peter Cripps

MSCI upgrades Generali, after insurer links ESG with remuneration

Generali has said it has received an upgrade to its ESG rating from MSCI, to the highest available score of AAA.

Railpen to vote against chair if companies' transition plans unsatisfactory

UK Railway pensions manager Railpen has warned companies it will consider voting against the re-election of their chair, if it deems their transition plans unsatisfactory.

Impax CEO: the best is yet to come despite volatile 2022

Impax Asset Management's CEO has shrugged off a fall in assets in its full year results, arguing that "the best is yet to come" as the shift to a net-zero economy gathers pace.

First-of-its-kind voluntary carbon credit fund to launch in 2023

A fund dedicated to trading in credits issued as part of the booming voluntary carbon market aims to reach a first close in the first quarter of 2023, Environmental Finance has learned.