Archive

  • Aviva completes divestment of ¬£2.5bn in fossil fuel companies

    14 March 2023

    Aviva has divested almost all its £2.5 billion ($3 billion) exposure to fossil fuel companies on its "Stoplist" of firms with weak ambitions to reduce their climate impact.

  • Man Group: Water industry will defy broader market instability

    14 March 2023

    The water industry will defy macroeconomic headwinds to grow globally due to government spending trends, despite posting negative returns last year, a fund manager at Man Group has predicted.

  • ESG in Fixed Income EMEA 2023 - early bird ends this Friday

    14 March 2023

    The early bird rate for Environmental Finance's annual ESG in Fixed Income EMEA conference will end this Friday, so register now to save 20%

  • Mirova raises $171m for emerging markets energy transition fund

    14 March 2023

    Mirova has raised $171 million in the first close of its clean energy transition fund which will invest in emerging markets across Africa and the Asia-Pacific region.

  • Australian industry drowning under sustainability requirements, says Fiona Reynolds

    14 March 2023

    Companies and institutional investors in Australia are "drowning" in a flood of new sustainability requirements, ex-Principles for Responsible Investment (PRI) head Fiona Reynolds has said.

  • CDC Biodiversit√© to add three sectors to biodiversity footprint tool

    14 March 2023

    CDC is planning to expand its biodiversity footprinting tool to enable simplified assessments of three sectors in more detail, as asset managers trial the methodology with private portfolio companies.

  • Bank of England to explore whether climate capital requirements needed

    13 March 2023

    The Bank of England said it will "explore whether changes to the macroprudential framework might be appropriate" to help protect against climate risks,...

  • ECB: Climate disclosures a 'priority' for structured finance assets

    13 March 2023

    Encouraging climate-related disclosures on the assets underpinning structured finance products is a "priority", the European Supervisory Authorities (ESAs) and European Central Bank (ECB) said in a joint statement.

  • RepRisk launches tool to address ESG ratings opacity

    13 March 2023

    Credit research institute I-CV and ESG data business RepRisk have launched ESG Radar

  • Zurich excludes five fossil-fuel companies with non-credible transition plans

    13 March 2023

    Zurich has excluded five companies from its investment and underwriting activities as it no longer considered their "progress against transition plans to be credible".