Archive

EU 'brown' taxonomy proposals split financial sector

BlackRock, Vanguard climate and social voting records continue to disappoint

Asset managers' proxy voting record on shareholder resolutions for climate and social issues continued to disappoint in 2020, according to a report by ShareAction, with US giants BlackRock, Vanguard and Capital Group among the worst performers.

$5trn of investors set 'unprecedented' 1.5°C emissions target

Some of the world's largest investors, with a combined $5 trillion in assets, have pledged to implement deep greenhouse gas (GHG) emissions reductions in their portfolios over the next five years, putting them on course to help limit global warming to 1.5°C.

Alok Sharma: COP 26 'will see agreement' on Article 6 debate

Alok Sharma, president of the United Nations Climate Change Conference (COP26) has spoken of his confidence in Article 6 of the Paris Agreement - relating to carbon markets and yet to be ratified - being agreed next year.

Swiss Re ramps up its internal price on carbon

Several leading European insurance groups - Swiss Re, Generali, Allianz and Aviva Europe - have announced bold actions to lower greenhouse gas (GHG) emissions.

LeapFrog, Allianz X in $30m digital health, insuretech funding round

LeapFrog and Allianz X have participated in a $30 million fundraise by emerging markets digital health and insuretech provider BIMA.

GISD calls for blended finance fund for increased UN SDGs funding

The UN-convened Global Investors for Sustainable Development (GISD) Alliance has developed more than 60 proposals calling for the UN Sustainable Development Goals (SDGs) to receive accelerated funding, including through data standardisation and a blended finance fund.

Allianz: Impact underwriting offers 'double dividend' for investors

German insurance giant Allianz has identified nine areas in which its underwriting activities can help meet the UN's Sustainable Development Goals.

ESG's negative impact on returns - myth or reality?

A growing number of insurers have announced new or upgraded sustainable investment strategies in recent years. JP Morgan Asset Management and Environmental Finance's sister publication Insurance Asset Risk have joined forces to investigate the drivers behind insurers' sustainable strategies. Vincent Huck reports on the high-level key findings

Australian pension fund to exit coal amid climate announcements

Australian pension fund First State Super has outlined a number of climate change actions and targets, including exiting thermal coal, as it urged other Australian pension funds to do the same.