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Nobel prize-winning economist calls for Green Deal after Coronavirus
14 April 2020A Nobel prize-winning economist has called for a Green New Deal to help pull the global economy out of its Coronavirus torpor.
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Comment: Coronavirus and climate change
19 March 2020Covid-19 could cause emissions to fall this year, but it may hinder a crucial COP, says Peter Cripps
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Legal & General portfolio on track for 3.1°C of warming: TCFD report
12 March 2020Financial services giant Legal & General (L&G) has estimated that its current holdings of listed assets are aligned with 3.1°C of global warming.
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Updated EU taxonomy unveiled
09 March 2020The proposed taxonomy of green activities that will underpin the EU's Sustainable Finance Action Plan was updated and expanded today - and now includes criteria for climate adaptation activities.
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New Bank of England governor to push to exclude fossil fuels from its bond purchases
05 March 2020The incoming governor of the Bank of England has pledged to prioritise conversations with the UK government about stopping buying bonds from fossil fuel companies as part of its quantitative easing (QE) programme.
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VW doesn't qualify for new DAX 50 ESG Index
04 March 2020A sustainability-focused version of the DAX index - a key benchmark for German stocks - has been launched, but automobile maker VW failed to make the cut.
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ESG investing could grow to more than half of global AUM, says Moody's
28 February 2020The value of assets managed in funds that adopt environmental, social and governance (ESG) considerations is set for exponential growth, financial services giant Moody's believes.
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Generali launches the first green ILS framework
26 February 2020Italian insurer Generali has issued a framework for issuing "green" insurance-linked securities (ILS) that will allow it to invest in sustainable assets and underwriting.
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LGIM and PIC invest a combined €342m in Spanish solar parks
25 February 2020UK institutional investors Legal & General and Pension Insurance Corporation (PIC) have committed a combined €342 million ($370 million) of debt to refinance 21 Spanish solar farms.
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UBS calls for a new waste reduction bond label
24 February 2020A new type of labelled bond is needed to help companies reduce waste, UBS has suggested.