Axa impact fund, Circularity Capital invest in fibre-based packaging
Private equity firm Circularity Capital and Axa Investment Managers' (Axa IM) alternatives division have invested an undisclosed amount in PackBenefit, a provider of 'fibre-based' food packaging.
UK joins International Platform on Sustainable Finance
Impact: Six areas to watch in 2021
A legal framework for impact, harmonisation of reporting frameworks and the rise of impact indexes could shape 2021, writes Michael Hurley
AMF study identifies weaknesses in French institutions' TCFD reports
Financial institutions continue to struggle to report decision-useful information on how their overall strategy responds to climate change, according to an analysis of French financial institutions' Task Force on Climate-related Financial Disclosures (TCFD) reports.
BlackRock, DWS, Natixis show 'basic' commitment to ESG, says Morningstar
Morningstar has identified Vanguard and Lyxor among asset managers with a 'low' level of commitment to ESG topics, whilst BlackRock, DWS, Natixis and UBS were flagged for their 'basic' approaches.
News round-up: EU offshore wind push, muni green project fund, sovereign ESG data set ... and more
European Commission vice-president Frans Timmermans encouraged EU member states to use funds from the €750 billion Next Generation EU fund to make targeted investments in the space to "unlock the necessary private financial flows" to power the expansion.
Biodiversity impact measurement tool for investors to be created
Four French asset managers have issued a mandate to develop a tool to help investors integrate nature and biodiversity considerations into their decision making.
ISS ESG launches transition bond second party opinion service
ISS ESG has updated its second party opinion (SPO) methodology to support issuers of transition bonds ahead of guidance being published later in 2020.
Nippon Life to test impact investing waters with TPG investment
Nippon Life intends to invest this month in TPG's Rise Fund, as part of a plan to eventually invest JPY30 billion ($280 million), through its own strategy, into companies targeting a measurable positive social or environmental impact alongside financial returns.