News

US fossil fuel firms 'most obstructive' to climate engagement

US fossil fuel companies dominate a list of the firms with the worst engagement on climate policy, think tank InfluenceMap said,...

AllianzGI to launch $1bn blended debt climate strategy

Allianz Global Investors plans to launch a $1 billion blended debt strategy focused on climate solutions in emerging markets.

Bond round-up: Suez, Pernod Ricard, Caixa Geral de Depósitos, CapitaL and...

$42trn investor group tells governments to act on methane pledge

602 investors representing about $42 trillion in assets under management have called on governments ahead of COP27 to implement five policy actions, including committing to implement the Global Methane Pledge.

Capital requirement hike looms if banks miss climate deadlines, ECB warns

Banks in the EU have been given deadlines by the European Central Bank (ECB) to meet minimum requirements on climate risk management, or potentially face higher capital requirements.

RobecoSAM biodiversity fund targets €3bn

Asset manager Robeco has targeted raising €3 billion ($3 billion) with its biodiversity equity strategy, an executive has said.

Brunel is cornerstone in £90m impact real estate fund

Brunel pension scheme has acted as a cornerstone investor in a fund that aims to invest in impactful real estate investment opportunities.

Asian GSSS bond issuance hits $600bn, finds report

More than $600 billion of green, social, sustainable and sustainability-linked (GSSS) bonds have been issued out of Asia, Environmental Finance Data shows.

UK transition plan regime raises prospect of restatements, says EY

Institutional investors will have to determine how they would react in the event of corporate restatements of erroneous net zero transition plans, accounting and consulting firm EY has suggested.

GFANZ publishes net-zero transition plan guidance

The Mark Carney-backed Glasgow Financial Alliance for Net Zero (GFANZ) has published voluntary guidance on net-zero transition plans (NZTPs) for achieving net-zero by 2050 focused on Scope 3 emissions.