News

Swiss Re: Lloyd's Lab entry will target private market ESG data issues

Swiss Re has vowed to address insurers' problems with sourcing environmental, social and governance (ESG) data from private companies, via a venture that has gained entry into Lloyd's of London's insurtech accelerator programme.

EU GBS will bring standardisation - but is not perfect, says Triodos

Proposals for an EU Green Bond Standard (GBS) could bring welcome standardisation to the market - but it could also bring complications, according to investment firm Triodos.

UK plans green bond tap in May

A senior UK debt management official has confirmed that the country plans to tap its first green bond in May after announcing a further £10 billion ($12.5 billion) green bond issuance programme for the next year.

LGIM votes against 100 companies because of climate

Legal & General Investment Management voted against 100 companies in 2021 because of their management of climate risk.

Aegon UK to invest £3bn in BlackRock ESG fund

Doubling its workplace default fund to 60%

Loan round-up: Hempel, Iberdrola, Preem, LGIM ... and more

NGFS backs ISSB in push for consistency on transition finance

A group of central bankers have added their weight to calls for more rapid harmonisation of approaches to assessing 'green and transition finance'.

Banks 'resisting SBTi fossil fuel phase-out goals'

Some banks in the US and Asia continue to resist the Science-Based Targets initiative (SBTi)'s proposed timeline for phasing out financing for fossil fuels, a member of the think tank has said.

Bond round-up: OMERS, Bank of China, Jabil, Singtel ... and more

New York State Retirement Fund supports proposal to stop underwriting fossil fuels

The New York State comptroller has pledged to support of shareholder proposals that ask three insurance companies to stop underwriting new fossil fuel supplies.