-
CA100+ investor welcomes BP's 'triple' net-zero target
08 February 2022The investor leading engagement with oil and gas giant BP has cautiously welcomed the company's plans to reduce to 'net zero' the greenhouse gas emissions from sales of its products, as well as its operations and production.
-
EU SFDR response raises 'legitimate' greenwashing concern
08 February 2022The market response to the EU Sustainable Finance Disclosure Regulation (SFDR) from asset managers has "led to confusion and greenwashing concerns", warned Morningstar.
-
Mirova presses scandal-hit Orpea to adopt ESG mission
08 February 2022Mirova has written to the chairman of Orpea asking the scandal-hit care home provider to overhaul its corporate governance by formally agreeing a mission to ensure its contribution to society and the environment.
-
SBTi, CDP refute net-zero standards criticism
08 February 2022The methodology in a report criticising net-zero standard setters has been called into question by the Science-Based Targets initiative (SBTi) and CDP.
-
Oceans fund swells to €95m
08 February 2022A €43 million ($49 million) fundraise has almost doubled the size of a 'Blue Oceans Fund' targeting investment to tackle ocean pollution, overfishing and climate change.
-
Axa launches short-duration green bond fund
07 February 2022Axa Investment Managers (Axa IM) has launched an £11 million ($15 million) short-duration green bond fund, shortly after it added its second dedicated green bond fund to its product line.
-
S&P: ESG concerns are more than twice as likely to lead to downgrade
07 February 2022Bonds earmarked for a 'potential credit rating downgrade' because of environmental, social or governance (ESG) concerns were more than twice as likely to be downgraded during 2021 than bonds red-flagged for other reasons, S&P Global Ratings said.
-
Pension funds may lead green infrastructure growth
07 February 2022Pension funds could lead the development of sustainable infrastructure if governments enable them to do so, says a G20-backed body.
-
Fewer than one in 10 financial institutions conduct scenario analysis, study finds
07 February 2022Only about 8% of financial institutions conduct scenario analysis to assess climate and broader environmental risks, a study has found.
-
Wind firms are 'still overvalued'
07 February 2022Wind energy firms remain overvalued due to increasing costs for the sector, despite being a long-term growth story, a sustainable investing pioneer has claimed.
- Texas sues BlackRock, State Street and Vanguard over ESG strategy on coal
- After COP29, can voluntary carbon markets scale again?
- SEC likely to withdraw climate rules, former Commissioner predicts
- IDB Invest and IFC back BBVA Colombia for $100m sustainable bond issuance
- Barclays begins stress-testing for nature
- Japan expects a 'circle of friends' to issue sovereign transition bonds soon
- BNP Paribas: We need more Asian banks to issue transition bonds
- Standard Life pension fund is 'first' to go all-in on UK SDR
- Prospective omnibus regulation 'targeting wrong EU sustainability regulations'
- Why London is a logical home for high-integrity carbon markets