News

  • Malaysia regulator asks managers to create responsible investing frameworks

    13 July 2022

    Malaysia's Securities Commission (SC) has published requirements for fund management companies (FMCs) to create ESG risk management frameworks.

  • Risk of a rush to green assets necessitates policy clarity, says BoE official

    13 July 2022

    The risks to financial stability posed by a disorderly transition will rely on companies and investors having a clear view of the future, a senior Bank of England official said.

  • EU becomes largest sustainable bond issuer

    13 July 2022

    The EU has become the largest sustainable bond issuer in the world, with total issuance by the bloc surpassing €119 billion ($141 billion) in less than two years.

  • Foresight acquires Australian renewables infrastructure firm

    12 July 2022

    Foresight Group has acquired Australia-based asset manager Infrastructure Capital Group for £79.6 million ($94.4 million).

  • Insurers need more "non-standard" data on climate change, BoE warns

    12 July 2022

    Insurers will need "a lot of non-standard information" about their supply chains and customers to assess how climate change could hit their businesses...

  • Low-support ESG shareholder resolutions jump as proposals rise

    12 July 2022

    The proportion of US environmental and social shareholder resolutions which achieved only low-level investor support has surged in 2022.

  • Pension funds have 'unique' relationship with deforestation

    12 July 2022

    A guide on how pension funds can tackle deforestation, inspired by their association with asset managers, has been launched by Global Canopy, Make My Money Matter and SYSTEMIQ.

  • ESG ratings 'struggling' to meet EU taxonomy social safeguards

    12 July 2022

    New criteria for assessing non-compliance with minimum social safeguards in the EU's taxonomy regulation has been proposed, with ESG rating agencies having been identified as struggling to make the assessments.

  • Microfinance 'causes some hardship but is positive overall'

    12 July 2022

    Although "microfinance is making some lives worse...the overall picture is positive", and most customers' lives have improved, a think-tank argued.

  • Policy action likely to lead to losses on crypto-assets, ECB paper warns

    12 July 2022

    The eventual pricing-in of the negative environmental externalities of cryptocurrency assets appears likely to lead to losses on crypto-asset exposures, a research paper published by the European Central Bank warns.