News

• SLB market should 'adopt SLL practices'

  03 October 2022

  The sustainability-linked bond (SLB) market should adopt some of the practices common within its loan equivalent, and investors need to ensure poor SLBs are not invested in - even if they like the underlying credit.

• Investors must push for human rights 'oversight' in facial recognition tech

  03 October 2022

  There is a dearth of human rights policies at facial recognition technology (FRT) firms, said Candriam, which urged investors to push for "greater oversight" of the issue.

• Vanguard, Baird have 'long way to go' on ESG, says Morningstar

  03 October 2022

  Morningstar said Vanguard and Baird are among the asset managers that have a "long way to go" with regards to their commitment to environmental, social and governance (ESG),...

• Credit Suisse postpones green property fund capital raise

  03 October 2022

  Credit Suisse has postponed a capital raise for a green real estate fund, blaming "high market volatility".

• Pushback on ESG is a 'denial of capitalism'

  30 September 2022

  The recent pushbacks on ESG in the US have had an impact on financial market participants and whilst it would be "lovely to ignore it, we have to take it seriously", according to Ivan Frishberg, chief sustainability officer at Amalgamated Bank.

• Brookfield invests $1.5bn in renewables

  30 September 2022

  Brookfield Renewable Partners has bought Standard Solar for $540 million and will acquire Scout Clean Energy for $1 billion.

• SDG mapping is not impact investing, says GIIN CEO

  30 September 2022

  Investors that retrospectively tag assets for 'alignment' with UN Sustainable Development Goals (SDGs) are not impact investors and produce "impact by coincidence", said the CEO of the Global Impact Investing Network (GIIN).

• ECB: 'We can no longer drag our feet' with nature risks

  30 September 2022

  A European Central Bank (ECB) executive has urged action to tackle financial risks related to nature as well as climate.

• Data providers support free-to-use data platform, says GFANZ

  30 September 2022

  Data providers have supported the creation of a free-to-use public climate data platform, despite it potentially signaling the end of their pay-for-data model, GFANZ has told Environmental Finance.

• Six US banks to pilot Fed-led climate scenario analysis

  30 September 2022

  The US Federal Reserve has revealed that six of the largest US banks are to participate in a pilot exercise to study their ability to manage climate-related financial risks, in a significant development for the financial stability supervision framework in the world's largest economy.