News

NZAOA members 'nibbling around' climate emergency

Members of the Net Zero Asset Owner Alliance (NZAOA) need to do more to tackle their impact on absolute greenhouse gas emissions, including from oil & gas and coal, non-profit Reclaim Finance has said.

Mirova: We need biodiversity metric for positive impact

Investors need a metric to measure the positive impact of investee companies on biodiversity alongside their negative impacts, an executive at Paris-based firm Mirova has said in the run-up to biodiversity conference COP15.

Common ground taxonomy 'could boost investment in Chinese bonds'

The Common Ground Taxonomy will help attract more international investors to Chinese offshore bonds, said the Hong Kong Green Finance Association.

SLB step-ups have almost no correlation with credit quality - Fitch

Sustainable Fitch has found "almost no correlation" between an issuer's credit rating and the typical coupon step-up for sustainability-linked bonds as it recommended greater variation to account for an issuer's credit profile or sustainability ambitions.

TNC blue bond programme aims to raise $10bn by 2030

Natural capital regulation may heighten credit risk, says Moody's

Growing momentum behind action to preserve nature will likely drive the development of regulatory frameworks that could expose companies and investors to heightened credit and reputational risk...

People Moves 23 September: HSBC, Impax, LGIM ... and more

Winners of the 2022 Voluntary Carbon Market Awards revealed

The annual awards seek to recognise and reward the work of voluntary carbon market specialists, as well as highlighting best practice and thought leadership in the carbon offsetting world.

ESG ratings 'need to focus on impact, not risk'

Amid ongoing criticism of environmental, social and governance (ESG) ratings, European credit ratings provider Scope has argued that a "paradigm shift" is needed for the industry to focus on ESG impact rather than risk - especially as they increasingly get used for 'impact' funds.

Tech stocks buck trend of declining emissions, NZAOA study finds

A decline in greenhouse gas emissions of listed equities globally in recent years was stunted by a rise in emissions from technology stocks, analysis conducted for the Net Zero Asset Owner Alliance (NZAOA) has found.