UN calls for investor action in coronavirus response
The UN has called for some of the world's largest investors to join efforts to tackle the coronavirus pandemic, to respond to what it says is the greatest test since the organisation was founded, and to help "rebirth society as we know it".
European re/insurers at forefront of fossil fuel withdrawal, Moody's reveals
Axa, Allianz, Swiss Re, Munich Re and Zurich have made greater progress than their global peers in reducing exposure to fossil fuels and thermal coal in particular, according to a Moody's Investors Service report.
AllianzGI reveals ESG push in 9,532 company meetings last year
Allianz Global Investors (AllianzGI) put its weight behind better environmental, social and governance (ESG) policies in 9,532 meetings with companies it part-owns in 2019, it has revealed.
AllianzGI poaches BlackRock head of sustainable emerging market debt
Allianz Global Investors (AllianzGI) has hired Giulia Pellegrini as senior portfolio manager within its emerging market debt team.
BNP Paribas launches global equity carbon offset fund
BNP Paribas has launched a global version of its climate carbon offset plan fund, targeting a reduced carbon footprint and a material social and environmental impact, following the launch of its European fund.
Nasdaq launches global green, social and sustainability bond platform
Nasdaq has launched an online platform to improve transparency across the green, social and sustainability bond market.
Sustainability: to regulate or not to regulate?
Financial regulation has a role to play in tackling climate change, but it cannot be a silver bullet. So the time has come for policymakers to step up their game, delegates at the Insurance and Climate Risk conference heard. Vincent Huck reports
Allianz exec refutes suggestion exiting coal is a 'PR stunt'
Allianz's head of regulatory strategy argues divestment is good risk management
France's largest insurers looking for climate-conscious asset managers
Three mandates totalling €500m open for tender
MSCI anticipates EU climate benchmarks with new index series
MSCI has raced out of the EU legislative starting blocks with the launch of two series of indexes designed to meet the minimum standards of proposed categories of climate-related benchmarks.