Archive

Financial institutions recommended to build stronger ESG data checks

CSRD will see 'explosion' of quality ESG data, says AllianzGI

The first round of reports in line with the EU's Corporate Sustainability Reporting Directive (CSRD) will see an "explosion" of quality sustainability-related data that will help asset managers prove to clients the value of sustainable investing, according to AllianzGI.

Biodiversity resolution sees investor support at PepsiCo

A resolution urging PepsiCo to carry out a material biodiversity dependency and impact assessment has received support from 18% of shareholders, including some major institutional investors.

Biodiversity financing gap stems from lack of value placed on ecosystem services, says Allianz

The biodiversity financing gap is mainly caused by a lack of understanding of the "price tag" for ecosystem services, with the value of soil being particularly poorly understood, according to a research note by Allianz.

Allianz GI 'could develop products on biodiversity this year

Allianz Global Investors said biodiversity will take centre stage in 2024, and its growing focus on the theme could result in new product development.

AllianzGI to support two major biodiversity resolutions

Allianz Global Investors has announced it will support two resolutions urging PepsiCo and Home Depot to assess their biodiversity impacts.

Taxonomy users told to get creative to maximise its transition planning potential

The EU taxonomy of sustainable activities can help formulate climate transition plans in ways it is currently not being widely used, according to members of a European Commission-mandated expert group.

Allianz votes against Australian oil and gas transition action plan

People Moves, 5 April: Brunel Pensions, Railpen, Actis, EFRAG, TNFD and more

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.