News

Barclays: ESG fund flows remain 'strong' despite tough 2023

Barclays said that fund flows into ESG-labelled fixed income and equity funds remained "strong" compared to the wider market, with euro-denominated corporate bond funds performing particularly well.

Democrat lawmakers urge SEC to release climate disclosure rules

A group of US lawmakers has urged the Securities and Exchange Commission (SEC) to "quickly finalise a strong and durable rule" for climate-related financial disclosures and said politicisation of the issue "should not be a reason for delay".

Australia appoints 25-strong taxonomy working group

A 25-member group has been appointed to advise on the development of Australia's sustainable finance taxonomy.

Hong Kong to prioritise ISSB integration, SME climate data

Major Hong Kong regulators and agencies said that integrating the International Sustainability Standards Board (ISSB) standards and developing a climate-related data portal for small- and medium-sized enterprises (SMEs) are among its key sustainable finance priorities.

30% of sustainability-linked bond targets 'on track to fail'

Up to 30% of all sustainability-linked bond (SLB) targets on the market are "on track to fail," which MainStreet Partners said is getting close to "alarming" levels for issuers and investors.

Exclusive: ERAFP, Generali & Banque de France Gestion to use Iceberg biodiversity data

Asset owners ERAFP, Generali and Banque de France Gestion have selected Iceberg Data Lab to provide information on climate and biodiversity-related impacts and dependencies, Environmental Finance has learned.

People moves, 4 August: Green Climate Fund, AustralianSuper, Redington, Fidelity ... and more

Axa chief: NZIA disintegration marks 'a sad chapter'

Axa's chief executive Thomas Buberl has described the exodus of insurers - including Axa - from the Net-Zero Insurance Alliance (NZIA) "as a sad chapter".

Growing number of sustainable food companies in need of capital, says ResponsAbility

While there has previously been a lack of investable opportunities in food and agriculture in emerging markets, there are now many innovative companies in need of capital, ResponsAbility has said.

US IRA set to 'trigger' global sustainable investment

The huge US Inflation Reduction Act (IRA) should prove a "catalyst" for global sustainable investment, as other regions respond to the anti-competitive US government support with their own programmes, Standard Chartered has said.