News

Manulife meets three nature targets early

Manulife Investment Management, which claims to be the world's largest natural asset investor, has released its first annual nature report, revealing that it has met three of the five targets it had set for 2025.

Australian regulator warns of more action against suspected greenwashing

The Australian Securities and Investments Commission (ASIC) has said it is investigating several suspected greenwashing cases and expects to take further "enforcement action" to penalise greenwashing.

People Moves, 23 August: HSBC AM, DSP Mutual Fund ... and more

Infrastructure investors need to better measure biodiversity impacts, says WWF

SIX launches 'climate equity flag' for companies

SIX has launched a new Paris Agreement-aligned climate flag for companies who are listed through the Swiss financial exchange firm, with S&P Global Ratings and SGS the first approved reviewers for the scheme.

First sovereign ITMOs approved under Article 6

The first sovereign carbon credits approved under Article 6 of the Paris Agreement have been issued by the Republic of Suriname.

'Greenium' persists for €3bn KfW green bond

KfW reported the 'greenium' on its €3 billion ($3.3 billion) green bond persisted after the deal was more than twice oversubscribed by investors, with the German development bank already reaching its 2024 green bond funding target.

UK EV investing could be slowed by delayed LEVI fund, claims Zouk

Australian Senate backs mandatory climate reporting

The Australian Senate has formally passed legislation requiring mandatory climate reporting for large businesses and asset managers, to be introduced from 1 January 2025.

Financial institutions begin piloting dedicated SBTi standard

A group of 40 financial institutions has started piloting a dedicated standard for setting Science Based Targets, using a draft published by the initiative last month.