News

Australia unveils mandatory climate disclosure legislation confirming 2024 start

The Australian Treasury today unveiled draft legislation for mandatory climate-related financial disclosures in Australia, for rules it said are in line with International Sustainability Standards Board (ISSB) climate standards.

Climate engagement with Australia only just beginning, investor says

Australian government plans to issue a green bond represent only the beginning of a collaborative investor engagement with the sovereign issuer, according to Brandywine Global.

ESG resolution support among US asset managers slumps in 2023

Key environmental, social and governance (ESG) shareholder resolutions at US firms in 2023 were backed by just half of major US asset managers, according to Morningstar - significantly falling behind their European peers.

Loan round-up: China Oil and Gas, Iberdrola, Bahrain Steel ... and more

Investors need to agree best practice disclosure on AI, says APG

Investors "struggling to keep pace with" development of Artificial Intelligence (AI) must agree on what best practice disclosure on the topic requires of companies, one of Europe's largest asset managers has said.

Pictet environment fund eyes energy efficiency opportunities amid high energy prices

Pictet Asset Management is to pursue more energy efficiency focused investments via its Global Environmental Opportunities fund, which recently celebrated its 10th anniversary.

'Substantial risk' of increased ESG polarisation in 2024, says Moody's

There is a "substantial risk" of increased polarisation around the topic of ESG in 2024, alongside further regulatory requirements, Moody's has predicted, warning this could become increasingly difficult for the market to navigate.

Nature market guidance launched to help farmers attract capital

A toolkit to help farmers access nature markets and attract private sector capital for nature protection has been launched by the Green Finance Institute.

Bond round-up: Volkswagen, E.on, Generali ... and more

Iberdrola secures €300m EM-focused 'sustainability-linked green' loan

Iberdrola has signed a €300 million ($328 million) sustainability-linked green loan with the International Finance Corporation (IFC) which will be used to finance renewable energy projects in coal-reliant emerging markets.