Archive

$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.

Green and sustainability-linked loan round-up, 30 September: Equites and CLS

Most financial institutions don't push for ambitious EU sustainable finance strategy

Many financial institutions are failing to support an ambitious EU sustainable finance strategy, according to a report on lobbying by NGO InfluenceMap, with just a handful supporting and actively engaging with the European Commission's policy.

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.

UK finance sector gets new advice on climate-related risks

Insurers' oil and gas activities to be next under spotlight

Re/insurers around the world should limit their support for oil and gas projects and have until mid-September to explain the measures they are taking to reduce exposure to the sector, according to environmental NGOs.

Sustainability rankings of chemical companies launched

Impact debt fund poised to raise €400m

The manager of a debt fund that links the cost of its lending to pre-agreed environmental and social 'key performance indicators' (KPIs) has said the fund is poised to attract €400 million ($455 million) in commitments.

Aviva Investors launches second climate transition equity fund

Invests in companies with goods and services associated with climate change mitigation