Archive

About 2,700 companies subject to California climate risk rule, Ceres estimates

Almost 2,700 companies are set to be subject to California rules that require them to say how climate change poses risks to their global operations, in alignment with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), Ceres has estimated.

French investor groups present social taxonomy framework

A draft framework to help investors identify and assess activities that have a positive impact on society has been published by a group of investors and French investment associations.

Judge dismisses challenges against California climate disclosure rules

Climate finance flowing to wrong agriculture solutions, says FAIRR

Climate financing for agriculture would be more effectively spent on nature-based solutions than on technology, the FAIRR initiative has said in a "first-of-its-kind" study.

Airline pension plan breached fiduciary duty with BlackRock ESG strategy, US judge rules

American Airlines breached the fiduciary duty it owed its pension plan clients under US federal law by selecting BlackRock, because it allowed the latter's "ESG interests" - rather than just its financial interests - to influence investment decisions, a judge ruled.

California regulator requests feedback on coverage of disclosure rules

No fines for non-compliance in first year of California climate reports, regulator says

Transition commodities a growing 'sweet spot' for LGIM

A webinar heard that investing in the green economy has become a popular theme for investors in recent years, and there are further opportunities to invest in transition. Jennifer Forrest reports

LATAM Airlines signs 'milestone' sustainability-linked loan

LATAM Airlines has become the first South American airline to sign a sustainability-linked loan (SLL), with the Chile-based firm seeing the debut deal as the first step to further sustainable finance transactions - including sustainability-linked bonds (SLBs).

Trump victory 'will cast a shadow over' COP29

Donald Trump's victory in this week's US federal election, and his earlier pledge to remove the country from the Paris Agreement for a second time, "will cast a shadow over" the COP29 UN climate negotiations beginning next week.