China legacy green bond 'common ground taxonomy' relabelling due soon
The China Green Finance Committee is preparing to publish its methodology for relabelling existing Chinese green bonds as being in alignment with the 'common ground taxonomy' (CGT) in a "couple of months' time".
Impact investors seek contribution, not 'additionality'
Impact investors increasingly define the outcomes of their investments in terms of 'contribution' to positive impact, rather than seeking to define the difference they make using the divisive term 'additionality', a webinar heard.
Sustainable bond market risks fragmentation amid 'regulatory overload'
By Ahren Lester at the ICMA AGM in Paris
Sumitomo Mitsui to begin voting against boards on ESG issues
Sumitomo Mitsui Asset Management will for the first time vote against boards that have failed to take action on ESG issues, following six years of engagement with company management.
Just Energy Transition Partnerships 'ready for investment'
From Genevieve Redgrave at the Net Zero Delivery Summit
'Just transition' guidance issued to harness trillions in investment
Guidance for fund managers on how to invest in a 'just transition' to net zero has been published, with the aim of harnessing trillions of dollars to support social objectives linked to the transition.
Ground-breaking PRI sovereign investor engagement initiative expands
More investors have been asked to join a ground-breaking collaborative fixed income investor engagement initiative for sovereign issuers coordinated by the UN Principles for Responsible Investment (PRI).
Scope 3 resolution fails to make progress at Shell's AGM
Oil giant Shell suffered another investor revolt over its climate plans at its AGM, but the rebellion failed to grow in size compared with the previous year.
Engage countries on economic freedoms to bring ESG benefits, says MSIM
Investors are "less credible" when engaging with policymakers on ESG, and should focus instead on improving economic freedom, Morgan Stanley Investment Management (MSIM) told Environmental Finance.
'Huge opportunities' for gender-focused corporate sustainable bond growth
Luxembourg Stock Exchange (LuxSE) said there are "huge opportunities" for growth in gender-focused sustainable bond issuance, especially for corporate bonds, as markets increasingly look for instruments tied to "tangible and positive impacts".