Archive

250 Asia-Pacific ESG funds launched since January

At least 250 ESG funds were launched in the Asia Pacific between January 2020 and Autumn (Q3) 2021, as interest from institutional investors and retail investors has grown rapidly.

Ontario Teachers' invests in environmental markets platform

Ontario Teachers' Pension Plan Board has invested an undisclosed sum in Australian environmental markets platform GreenCollar.

Carbon allowances - insurers slowly warm to the net-zero opportunity

The European benchmark price for carbon allowances hit a record high in November, but only one insurer acknowledges investing in them and others seem coy, so far, to deep their toes in, as Vincent Huck finds out.

Loan round-up: Volkswagen, Triton, Reliance, Stora Enso, Boralex ... and more

AustralianSuper under climate pressure over Vanguard fund investment

AUD244 billion ($173 billion) pension fund AustralianSuper is facing pressure over the climate risk it is exposed to through the AUD1.4 billion held in Vanguard index funds.

Japanese financial institutions establish impact initiative

A group of Japanese financial institutions has formed an initiative "to promote high quality impact investment in Japan".

Japanese TCFD supporters labour to disclose climate resilience

Two-thirds of Japanese supporters of the Task Force on Climate-related Financial Disclosures (TCFD) have yet to provide climate scenario-based analysis of their resilience, showing the size of the challenge of meeting the recommendations in a country regarded as a TCFD pioneer.

Tokio Marine plans ¥100bn of divestments

Japanese insurer Tokio Marine will divest at least ¥100 billion ($884 million) of equities, including in fossil fuel firms, by its 2023 reporting year as part of its commitment to sustainability.

$10trn asset owner alliance urges blended climate finance push

The UN-convened Net Zero Asset Owner Alliance (NZAOA) has urged development finance institutions (DFIs) to better use public-private finance partnerships...

Australian regulator strengthens final climate financial risk guidance

APRA has published its final guidance for financial firms for managing financial risks of climate change, including tightened recommendations around kick-starting climate scenario analysis and encouraging the adoption of climate-related targets.