Allianz to halt investments in new oil and gas fields
And will require 'net-zero by 2050' commitment from hydrocarbon producers
EFRAG appoints EU sustainability reporting standards group
An advisory group has been appointed to help develop European corporate sustainability reporting standards.
Ricardo Lara reveals California's fossil fuel investors
Green bond holders also unearthed in annual study
Allianz to reject European executive pay policies without ESG metrics
Allianz Global Investors will vote against executive pay policies at large European firms in 2023 if they are not tied to environmental, social and governance (ESG) metrics.
Most large French companies 'still don't have enough women on boards'
A €5 trillion ($5.7 trillion) French investor initiative focused on improving corporate gender diversity hopes for "more tangible progress" in 2022...
Carbon allowances - insurers slowly warm to the net-zero opportunity
The European benchmark price for carbon allowances hit a record high in November, but only one insurer acknowledges investing in them and others seem coy, so far, to deep their toes in, as Vincent Huck finds out.
$10trn asset owner alliance urges blended climate finance push
The UN-convened Net Zero Asset Owner Alliance (NZAOA) has urged development finance institutions (DFIs) to better use public-private finance partnerships...
AllianzGI, EIB target €500m for emerging markets impact fund
Allianz Global Investors (AllianzGI) and the European Investment Bank (EIB) have raised €440 million ($509 million) for a blended finance fund that will invest in climate-focused investment funds and projects active in emerging markets and developing countries.