Vincent Huck

Sovereign SLBs challenging due to the nature of the issuer

Sovereigns across the world have embraced the sustainability-linked bond (SLB) instruments, with issuance increasingly being considered, but the nature of sovereigns creates some challenges for investors, the audience at Sustainable Debt Americas 2024 heard.

UK government announces delayed timeline for ISSB-endorsement

The UK government aims to have UK-endorsed ISSB standards available in Q1 2025, according to an HM Treasury update published today (16 May), having originally planned to have these standards ready by June 2024.

NZAOA releases fourth target setting protocol

The UN-convened Net-Zero Asset Owner Alliance (NZAOA) has released the fourth edition of the Target-Setting Protocol (TSP V4) which expands private asset classes coverage, requires a new round of targets and introduces the assessment of govvies' holdings.

Lack of nature-related scenarios a challenge for target setting, insurers say

While insurers increasingly consider nature and biodiversity in their investment programmes, leveraging the work done on climate to set targets on nature is not always an easy fit..

Dai-ichi Life makes two impact investments in medical sector

US West Coast insurers face up to $40bn in climate-related losses

An analysis of the investments of insurers licensed in the US West Coast has found climate change could create losses of up to $40 billion for their corporate bond portfolios.

French regulator highlights lack of consistency and granularity in insurers' climate disclosures

French life insurers' climate disclosures relating to their investment strategies are heterogeneous, incomplete and lack granularity, according to the French prudential regulator, Autorité de Contrôle Prudentiel et de Résolution (ACPR).

Voluntary carbon market craving for clarity, Manulife IM says

Investors are increasingly looking "under the hood" of voluntary carbon market (VCM) investment opportunities to understand the underlying projects they are investing, according to Eric Cooperström, managing director for impact investing and natural climate solutions at Manulife Investment Management.

PRI pilot sovereign engagement initiative welcomes 18 new members

The UN-supported Principles for Responsible Investment (PRI) has announced 18 new members to its Collaborative Sovereign Engagement on Climate Change, launched in September last year as a pilot programme to engage with the Australian government.

European Commission to widen scope of materiality assessment in first set of ESRS

The European Commission is set to release delegated acts with key amendments to EFRAG's proposed sustainability reporting standards which some have branded a 'victory for lobbyists'.