-
BlackRock launches ETFs 'to take ESG mainstream'
23 October 2018BlackRock has launched six 'sustainable exchange-traded funds' (ETFs), which it hopes will propel environmental, social and governance (ESG) investing further into the mainstream.
-
People moves: IOSCO, London Stock Exchange Group, Simmons & Simmons, UBS
19 October 2018Peter Damgaard Jensen has been appointed as co-organizer of the newly founded Global Commission on Adaptation. Damgaard Jensen also acts as CEO of Danish pension scheme PKA and chair of the Institutional Investors Group on Climate Change (IIGCC), an investor association taking action to support a low-carbon future.
-
Leave taxonomies to the private sector, says Impax
18 October 2018The task of writing taxonomies for sustainable finance is best left to the private sector, according to Impax Asset Management.
-
Should the TCFD be mandatory? Not yet, say investors
17 October 2018A panel at Environmental Finance's Green Equities conference was asked whether reporting in line with the recommendations of the Task Force of Climate-related Financial Disclosures (TCFD) should be made mandatory.
-
Comment: Regulators are pushing investors on climate
17 October 2018The increasing attention of regulators bodes well for green finance, says Peter Cripps
-
Investors agree with BP - scenario analysis can be confusing!
17 October 2018Climate scenario analysis - as recommended by the Task Force on Climate-related Financial Disclosures (TCFD) - can be "infinitely confusing", Environmental Finance's Green Equities conference heard.
-
FCA mulls mandatory climate disclosure for financial firms
15 October 2018Financial services firms could be required to report how they manage climate risks, the UK's Financial Conduct Authority (FCA) suggested in a discussion paper.
-
PRA 'expects' banks and insurers to report climate risks
15 October 2018Insurers and banks are to be expected to manage and report their climate-related risks, according to a draft supervisory statement from the UK's Prudential Regulation Authority (PRA).
-
BP CEO sparks row as he attacks scenario planning and divestment
12 October 2018BP chief executive Bob Dudley attacked scenario analysis as "increasingly unhelpful" and "confusing for investors", while also criticising the fossil fuel divestment movement.
-
Insurers 'will not be allowed to walk away' from areas hit by climate change
11 October 2018Politicians "will eat insurers' lunch" if they try to walk away from insuring areas that suffer the adverse impacts of climate change, a regulator has warned.