News

GIIN to host 'impact principles'

The Global Impact Investing Network (GIIN) will take over as host of the Secretariat for the Operating Principles for Impact Management (the Impact Principles), from the International Finance Corporation (IFC).

Assurance key to development of climate reporting, says FCA

Developing a framework for assurance of company disclosures will be important to the next stage of the UK's climate reporting regime, according to a senior regulator.

UK regulators point to rising expectations for company TCFD reports

The regulators overseeing climate-related disclosure rules for UK-listed companies say they are likely to step up enforcement, as they look to address issues they identified in the latest reporting cycle.

Inconsistent ESG ratings 'failing to measure impact'

Inconsistent ESG ratings "do not necessarily measure" a company's impact on society and the planet, which is making it difficult for investors to make informed investment decisions, a report has said.

Saudi Arabia green bond highlights 'clear issue' for market

The ground-breaking $3 billion debut green bond issuance from the Saudi Arabia sovereign wealth fund has highlighted a "clear issue" that continues to impact the green bond market, according to a leading sustainable investor.

UK should 'seriously consider' taxonomy timeline after government overhaul

The UK government should reconsider the timeline for its taxonomy of sustainable activities after the entry of Prime Minister Liz Truss' administration, its independent advisory group has said.

BlackRock hit with $794m Louisiana divestment due to 'net zero' push

The treasurer of Louisiana has pledged to divest from all investments made by the state in BlackRock funds in a further escalation of the sustainable investing political backlash in the US.

Taking the brakes off onshore wind

Lifting the effective ban on onshore wind farms in the UK will "release the brakes" for investors, Foresight tells Environmental Finance.

People Moves 7 October: BNP Paribas, M&G, Mirova ... and more

Incofin plans to launch four impact funds

Incofin Investment Management plans to launch four impact funds over the next year, including a $60 million private equity fund focussed on drinkable water in "the coming weeks".