News

• Goldman Sachs: social impact investing to grow in 2024

  21 November 2023

  "The leg of sustainability that investors will focus on next is social impact," according to Goldman Sachs Asset Management's 2024 investment outlook.

• ASEAN data utility working with Japanese banks to harmonise supply chain data

  21 November 2023

  The creators of a Single Accesspoint for ESG Data (SAFE) are partnering with Japanese financial institutions in an attempt to ensure financial institutions in the ASEAN region have full visibility of sustainability information throughout their supply chains, it has been revealed.

• Pressure banks to include climate risk info in financial statements, investors told

  21 November 2023

  Shareholders pushing banks to better manage climate risk should pressure them to add this information to their financial statements, according to a stewardship specialist.

• Investors lacking 'maturity' on nature engagement

  21 November 2023

  Investors are increasingly engaging with companies on the subject of natural capital, but they are not yet asking mature questions, a nature coalition told Environmental Finance.

• Asset managers' climate stewardship needs to be 'dismantled', says pension fund

  21 November 2023

  An analysis of asset managers' voting records on climate resolutions at oil and gas companies has triggered one of the UK's biggest pension funds to call for a "complete dismantling" of the industry's approach to stewardship.

• UK to target impact as part of expected Growth Fund announcement

  21 November 2023

  The UK Chancellor will announce a UK Growth Fund, using private capital to fuel its public policy priorities and target positive environmental and social impact, at this week's Autumn Statement, an academic has claimed.

• Progress on Article 6.4 ahead of COP28 bodes well for global carbon market

  21 November 2023

  Final recommendations on the rules of the UN's global carbon market have been agreed upon, as last-ditch talks reached a conclusion - just in time to be sent for final approval at COP28.

• Alternative data analysis to help identify greenwashing, says Amundi

  21 November 2023

  Alternative data analysis techniques and emerging technologies will help asset managers identify greenwashing, Amundi has predicted.

• IFC, T Rowe Price to launch 'first' blue bond fund

  20 November 2023

  The International Finance Corporation (IFC) and T Rowe Price are preparing to launch the first dedicated 'blue' bond investment strategy to support sustainable marine and water investment from companies and financial institutions in emerging markets.

• Columbia Threadneedle upgrades SFDR status of ten funds

  20 November 2023

  Columbia Threadneedle Investments has upgraded ten of its funds under the EU's Sustainable Finance Disclosure Regulation (SFDR) - two to Article 9 and eight to Article 8.