News

Munich Re to refuse coverage for new oil and gas fields

Munich Re is to stop insuring and investing in projects for new oil and gas fields, midstream oil infrastructure and oil-fired power plants, in a bid to meet Paris Agreement climate targets.

Investors should label plastic as an asset, says Planet Tracker

Impact investors should label non-recyclable, plastic materials as an asset so that portfolio companies use plastic more responsibly, said Planet Tracker.

FCA to publish fund labelling proposals this month

The UK's Financial Conduct Authority (FCA) said it hopes to belatedly publish its fund sustainability labelling proposals by the end of the month, but there was no update on when the UK's taxonomy might follow.

ECB climate scores another sign of rising liability risk, says law firm

The decision by the European Central Bank (ECB) to tilt its corporate bond purchases toward issuers with better climate 'scores' is part of a wider shift to tighter climate rules - which in turn points to rising liability risk, a law firm has said.

Loan round-up: Delta Fiber, Iberdrola, Yapi Kredi Leasing, Iren, First REIT ... and more

Climate inconsistency in financial reports could be 'greenwashing'

The inconsistent handling of climate-related factors in the financial statements of highly carbon-exposed companies could be evidence of 'greenwashing,' according to Carbon Tracker.

Bond round-up: UK, CADES, Engie, A2A, Komatsu, Contact Energy ... and more

Shorting stocks can be climate engagement tool, Jefferies says

Investors that buy and sell stocks in the hope that they lose value "could serve as an indirect engagement tool in pushing companies to reduce their carbon footprint", according to Jefferies.

Last chance to enter Impact Awards 2022

Entries to Environmental Finance's Impact Awards are set to close at midnight on Friday 7th October.

Iceberg Data Lab updates biodiversity tool with positive indicator

Iceberg Data Lab has updated its corporate biodiversity footprint analysis tool to enable investors to gauge the positive impact of their portfolios on natural capital.