Thomas Cox

Eurosif: EU sustainability directive risks investor 'greenwashing'

The European Commission's proposed sustainability and human rights directive could increase the risk of 'greenwashing' in investors' portfolios because of vague rules on corporate transition plans, Eurosif has warned.

Brown Advisory launches sovereign ESG bond framework

Investment manager Brown Advisory has launched a "one size does not fit all" framework for analysing sovereign bonds against ESG criteria.

Bond round-up: Verizon, Deutsche Bank, Amgen, Hungary, iA Financial ... and more

£300bn of UK pensions assets linked to deforestation

£306 billion ($416 billion) of UK pensions is invested in companies linked to deforestation, according to analysis by non-profits.

EQT buys EV charging firm from Zouk

EQT has bought UK electric vehicle (EV) charging company Instavolt from fellow private equity investor Zouk Capital, for an undisclosed sum.

Irish sovereign wealth fund invests in Solas energy efficiency fund

Ireland's sovereign wealth fund was a cornerstone investor in a €140 million ($160 million) funding round for a Solas Capital energy efficiency fund.

US banks tell Basel they 'strongly oppose' climate stress test

A group of financial institutions chaired by Goldman Sachs has spoken out against any climate stress testing that could lead to regulatory changes in a letter to the Basel Committee on Banking Supervision.

Bill may force CalPERS, CalSTRS to divest fossil fuels

Two of the largest pension funds in the world could be forced to divest billions of dollars of oil and gas holdings by July 2027, under proposed legislation.

Nordea reveals 'most influential' biodiversity developments

The most significant advances in biodiversity in the coming year for financial institutions will be standardised frameworks, executives from the market insight arm of bank Nordea have said.

Finance for Biodiversity urges policy changes before COP15

The Finance for Biodiversity Foundation has suggested changes to the draft global biodiversity framework before the UN Biodiversity Conference of the Parties (COP15).