News

First US central bank-led climate analysis to assess risks to real estate

The six largest US banks are to study the exposure of their real estate portfolios to physical risks posed by climate change, in the country's first climate scenario analysis exercise led by the Federal Reserve Board.

BlueOrchard's InsuResilience strategy invests in Brazilian insurer

A strategy that invests in insurers it believes can help strengthen the resilience of developing countries to climate change has made an investment in a Brazilian insurer.

Sustainability-focused Article 9 funds 'underreporting' exposure to fossil fuels

Investors have been warned of underreporting by sustainability-focused funds of their exposures to polluting companies, after analysis of EU 'Article 9' funds suggested that only 10% accurately disclose such information.

Biodiversity Insight 2023 published

Environmental Finance has published Biodiversity Insight 2023, featuring articles about how investors are incorporating biodiversity concerns into their decisions in light of the Global Biodiversity Framework agreed at COP15.

S&P: $1trn sustainable bond market could return in 2023

S&P Global Ratings has forecast that the sustainable bond market could return to being a trillion dollar market in 2023, with growth expected to comfortably exceed that of the broader bond market.

S&P launches nature metrics methodology

A methodology for assessing corporate impacts and dependencies on nature has been launched by S&P Global and UN Environment Programme (UNEP).

Define greenwashing before trying to punish it, EFAMA tells regulator

The European Fund and Asset Management Association (EFAMA) has told EU regulators that until there is a satisfactory definition of what constitutes greenwashing, action to curb the practice needs to be "proportionate" to the currently limited understanding.

Mutuals sustainable investments grow, but sustainability reporting is lagging

International Cooperative and Mutual Insurance Federation (ICMIF) members boasted their ESG investment credentials in a survey, but the rate at which they are embracing "sustainable investment frameworks"...

Investors need to wise-up to 'six shades of greenwashing'

Investors are failing to recognise the rising prevalence and sophistication of 'greenwashing', and financial institutions and regulators are being too lenient on the practice,...

Four largest asset managers 'backed only a fifth of 2022 climate resolutions'