News

UK Treasury Secretary backs green savings bonds

The Economic Secretary to the UK Treasury promised to improve impact reporting requirements and backed green savings bonds in his first outing as secretary.

UK government plans taskforce on social investment

A taskforce to help UK pension schemes incorporate social factors in their investments is to be established by the government Department for Work and Pensions (DWP).

Sustainable bond issuance breaks downward trend with rise in Q2

Sustainable bond issuance experienced a modest rebound in the second quarter of 2022, ending five consecutive quarters of declining issuance amid increasingly challenging fixed income market conditions.

Berenberg targets positive impact but refrains from impact label

Berenberg Bank says it does not define itself as an impact investor despite running three 'impact-focussed' funds - a distinction it says helps avoid perceptions of greenwashing while definitions of impact are in flux, according to a senior employee.

Anti-activist ETF called God Bless America pitched

An exchange-traded fund (ETF) called God Bless America with the ticker YALL that screens out "activist" companies has been proposed.

People Moves 15 July: BlackRock, ISSB, Impax, ESG Book, Axa IM & more

Investors want more reporting regulation, says PwC

European institutional investors are in favour of more demanding ESG reporting requirements, said PwC Luxembourg.

Insurers reminded of climate change duty of care risk

Law firm Kennedys highlights the key trends in the climate litigation space

Issuers opt for SLBs as EU tightens green bond rules, says BdF

Issuers have begun to opt for sustainability-linked bonds (SLBs) in anticipation of tighter green bond regulation, the Banque de France believes.

Japan consults on ESG data 'code of conduct'

Japan's Financial Services Agency (FSA) has published what is believed to be a world-first 'code of conduct' for providers of environmental, social and governance (ESG) data and evaluations.