News

  • Redwheel sells H&M over climate transition 'warning flag'

    21 March 2023

    Redwheel's global equity fund has sold its shares in clothing company H&M over a 'warning flag' that it was not doing enough to reduce its climate impact.

  • 'Sharp emissions reversal' needed to meet 1.5°C, warns Lombard Odier

    20 March 2023

    A "sharp reversal in current trends" is needed, if the 1.5°C global temperature increase limit is to be met, Lombard Odier has warned.

  • Combating inflation best way to support green investments, ECB says

    20 March 2023

    The European Central Bank (ECB) has scotched a suggestion that it could introduce measures to insulate climate-themed investments from inflation, as it said ensuring price stability over the medium term is the best way to ensure inflation does not impair the energy transition.

  • 'Strong ESG rating helps' Africa's biggest renewables deal

    20 March 2023

    The process of securing Africa's biggest renewable energy deal was smoothed by the company being acquired having an outstanding ESG rating, it was claimed.

  • CDP: Finance industry must limit water risk 'blind spots'

    20 March 2023

    More financial institutions need to assess their water risks to help reduce their risk "blind spots", with banks leading the way so far, disclosures platform CDP said.

  • PBAF seeks to nip biodiversity materiality struggles in the bud

    17 March 2023

    The Partnership for Biodiversity Accounting Financials (PBAF) is prioritising helping financial institutions overcome their struggles to assess biodiversity materiality, the organisation has said.

  • EU's riposte to US green subsidies greeted with cautious praise

    17 March 2023

    An initiative by the European Commission designed to secure its domestic supply chains for green technologies has been greeted with cautious praise by industry representatives.

  • TCFD 'implementation gaps' mar PRI reporting

    17 March 2023

    Investment managers need to more robustly implement the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), the Principles for Responsible Investment (PRI) has said.

  • Franklin Templeton bullish on sustainable ETF prospects

    17 March 2023

    Franklin Templeton reported strong interest in sustainability-focused exchange traded funds (ETFs), as it launched its latest Paris-aligned fund, covering emerging markets.

  • People moves 17 March: Aviva Investors, EdenTree, Aegon ... and more

    17 March 2023