US attorneys allege financial giants breached fiduciary duties with ESG strategies

Ex-NZAM members 'will face higher bar to prove engagement outcomes'

Asset managers will have to work harder to prove to asset owners their commitment to substantive engagement on issues including climate, following their departures from net zero initiatives, according to a UK pension fund.

EU pitches 'unprecedented simplification' with cuts to sustainability reporting

$490bn a year needed for most climate vulnerable nations, claims report

The most climate-vulnerable countries require $490 billion of funding a year by 2030 to prepare for climate mitigation and adaptation, and loss and damage, a report has claimed.

UK Stewardship Code too open-ended to be useful, pension fund says

Changes to the UK's "gold-standard" Stewardship Code are set to make it too "open-ended" for Nest to ascertain whether fund managers are meeting the pension fund's expectations, it argued.

Landmark Austrian Swiss franc green bond issued as 2025 programme kicks-off

Austria has raised CHF350 million ($387 million) from a ground-breaking Swiss franc-denominated green bond.