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Increasing consumer pressure to be 'green' has led Australian super funds to use sustainability as a "competitive differentiator" from their competitors, the Responsible Investment Association Australasia (RIAA) has said.

Businesses reporting in line with proposed international sustainability standards will be asked to progressively improve their climate-related scenario analysis, after a vote yesterday.

The Hong Kong Airport Authority (HKAA) has raised $1 billion from a green bond tranche which forms part of its broader funding of the runway expansion project, a year after its previous controversial deal.

The World Economic Forum (WEF) has identified four environmental challenges among its ranking of the "most severe" risks over the next decade, with climate change again topping its list.

Transition, blended finance and adaptation must move up investors' agendas in 2023, writes Peter Cripps

Moody's Investors Service said credit risk related to environmental, social and governance (ESG) factors is set to grow in 2023, including because of rising scrutiny of company decarbonisation plans.

Investors representing $2.2 trillion in assets have asked Glencore to provide more information on how the mining giant's ongoing thermal coal production aligns with its commitment to support the Paris agreement

The Climate Bonds Initiative (CBI) has recommended companies in the Association of Southeast Asian Nations (ASEAN) market should prominently publish clear transitions plans, also encouraging use of its 'five hallmarks' of a good transition plan.

The costs associated with climate change are already here and rising fast. A more granular picture of physical climate risk and its economic impact should be used to scale adaption finance today, argues Florian Gallo

HSBC has announced it will not finance any new oil and gas fields, in a move a pressure group said sends a strong signal to other banks to follow.