News

People Moves 21 October: including American Securities, BNY Mellon, PAI Partners & more

Catastrophe risk capacity must double under "no further action" climate scenario

Bank of England staff investigation reveals some insurers' business models under threat

EU Taxonomy alignment lower than expected, says Commission

The EU Commission is to prioritise work to promote transition plans, following lower-than-expected levels of investor alignment with the sustainability taxonomy, a key executive has said.

Asian companies failing to manage physical climate risk, say Amundi, AIIB

Asian companies and issuers are failing to take action on physical climate risk, despite suffering disproportionately from its impacts, a report has revealed.

Church of England Pensions Board taking legal proceedings against Volkswagen

Church of England Pensions Board has announced it is taking legal proceedings against Volkswagen AG for refusing to reveal information on its climate lobbying activities.

Progress on SDGs stalls, says M&G

Progress on meeting the UN's Sustainable Development Goals (SDGs) stalled in the past year, according to a "depressing" report by M&G.

Market innovation needed to 'mainstream' impact investing

Market innovation is still needed to mainstream impact investing in the UK, a report by legal advisory Taylor Vinters has found.

Loan round-up: Mercedes-Benz, Hongkong and Shanghai Hotels, Grit, FLSmidth ... and more

ELFA, LMA update ESG leverage finance disclosure guide

Two trade associations have updated their environmental, social and governance (ESG) disclosure guidance for the leveraged finance industry, including a new chapter on ESG litigation risk.

Climate Bonds Standard extension to SLBs to 'fire integrity'

The Climate Bonds Initiative (CBI) is to extend its Climate Bonds Standard and certification scheme to cover sustainability-linked bonds (SLBs), in a move the organisation said would "fire ambition and integrity" in the market.