News

Deutsche Bank industry loans responsible for 30.8m tonnes of CO2 in 2021

Deutsche Bank calculated that its corporate industry loan book financed 30.8 million tonnes of CO2 equivalent per year (MtCO2e/y) in 2021.

Gresham House draws up sustainable forestry charter

Gresham House, the UK's largest commercial forestry asset manager, has drawn up a set of sustainability metrics and key performance indicators (KPIs) for its £3 billion ($4 billion) of forestry assets.

Sustainability-linked bonds 'risk green/social-washing'

Columbia Threadneedle Investments has warned that the sustainability-linked bond (SLBs) market risks accusations of green- and social-washing due to unambitious target setting.

Climate coalition calls on insurers to sever ties with Russian fossil fuels

Higher energy costs "are the price we pay" for dependence on fossil fuel imports

People Moves 4 March: PRI, SASB, Blue Owl & more...

$100m regenerative forestry fund launched

A fund has been launched, with a target of up to $100 million, to focus on investing in regenerative, biodiverse forestry projects.

CalSTRS backs impact fund with $50m

California State Teachers' Retirement System (CalSTRS) has committed to invest $50 million in an impact fund focused on affordable housing for California's "black and brown communities".

NBIM divests from 29 companies over labour conditions

The manager of the giant Norwegian sovereign wealth fund touted the positive return it has gained from 'risk-based' divestments, as it detailed a raft of company exclusions on human rights, biodiversity and coal in 2021.

74% of airline companies not aligned to 1.5°C, says TPI

Loan round-up: Reliance Rail, Bogota, Sabana, Thai Union ... and more