Archive

Allianz rejected 34 insurance deals in 2023 due to sustainability risks

Allianz's sustainability assessment processes resulted in it not proceeding with insurance transactions for 34 customers last year, according to its 2023 sustainability report.

COP28: We need carbon markets, say Carney, Kerry and Banga

Mark Carney and other influential figures said carbon credits are essential to combat climate change - but they discussed the need to bring integrity to the much-criticised market.

COP28: GFANZ says integrating nature in net-zero transition planning is priority for 2024

COP28: Allianz, EIB emerging market climate fund readies €385m third close

Innovative $1bn 'blended finance' SDG loan fund launched

Allianz Global Investors (Allianz GI) and FMO Investment Management (FMO IM) have launched a UN Sustainable Development Goal (SDG)-aligned loan fund after successfully mobilising $1.1 billion for the innovative public-private investment fund.

GFANZ signatories urged to address 'blind spot' on deforestation

With the "vast majority" of financial institutions still not taking action on deforestation, investor coalitions such as the Glasgow Financial Alliance for Net Zero (GFANZ) have been urged to push their signatories to take action.

$9.5trn group of asset owners calls for 'smarter not more' engagement on climate

A $9.5 trillion group of asset owners has urged their asset managers to set clearer objectives for climate engagement with their investees, as one member called for a 'smarter not harder' approach.

GFANZ to launch Latin America network

190 investors sign up to collaborative engagement on nature

190 institutional investors have signed up to collaborate to pressure 100 companies to address their negative impacts on nature, on the launch of Nature Action 100 (NA100) at Environmental Finance's Natural Capital Americas conference.

GFANZ launches consultation on transition finance definitions