UK regulators propose rules on diversity and inclusion
The UK's financial regulators have issued consultations on improving diversity and inclusion (D&I) in financial industries, an issue that is "important to governance and firm-wide culture" and supporting effective risk management.
PRI pilot sovereign engagement initiative welcomes 18 new members
The UN-supported Principles for Responsible Investment (PRI) has announced 18 new members to its Collaborative Sovereign Engagement on Climate Change, launched in September last year as a pilot programme to engage with the Australian government.
With a watered-down NZIA, where do insurers' climate commitments stand?
After six of the eight founding members left the Net-Zero Insurance Alliance, Joshua Geer investigates if their ambitions stand
'Gold standard' UK transition plan framework expected in October
The UK Transition Plan Taskforce (TPT) said its ground-breaking net-zero transition plan disclosure framework will be published in October, with a consultation on sector-specific guidance to also be launched later this year.
UK pensions reforms to unlock billions for climate investments, CIOs say
Nine of the UK's largest pension schemes have signed up to a voluntary initiative to boost investment in unlisted equities, which CIOs have said could catalyse big investments in areas including climate-related technologies.
Ground-breaking PRI sovereign investor engagement initiative expands
More investors have been asked to join a ground-breaking collaborative fixed income investor engagement initiative for sovereign issuers coordinated by the UN Principles for Responsible Investment (PRI).
Aviva concerned about lack of chemicals in EU taxonomy
Aviva Investors has "material concerns" about the absence of chemicals in the draft extension to the EU taxonomy of sustainable activities.
Aviva Capital Partners to inject £20m into low-carbon modular housebuilder
Aviva's Capital Partners (ACP) is to invest £20 million ($24.9 million) into the equity of TopHat, a manufacturer of modular, low-carbon homes, to finance a new factory employing 1,000 workers.
Transition plans key to stave off threat to financial stability, says Aviva's Waygood
Unless a material price on carbon is reached and governments come up with 'sectoral transition frameworks', the world faces a threat to international security and financial stability, according to Aviva Investors.