Archive

Axa calls for UN climate underwriting alliance

Axa has proposed the insurance industry should cooperate to reduce the negative climate impact of its underwriting, ahead of the planned UN Climate Change Conference (COP 26) in November 2021.

Axa IM ditches State Bank of India green bonds amid Carmichael coal furore

$9trn collaboration of asset managers commit to net zero emissions

The Institutional Investors Group on Climate Change (IIGCC) has formed an initiative of asset managers, representing over $9 trillion, which have committed to align their portfolios with the goals of the Paris climate agreement.

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.

BlackRock, DWS, Natixis show 'basic' commitment to ESG, says Morningstar

Morningstar has identified Vanguard and Lyxor among asset managers with a 'low' level of commitment to ESG topics, whilst BlackRock, DWS, Natixis and UBS were flagged for their 'basic' approaches.

News round-up: EU offshore wind push, muni green project fund, sovereign ESG data set ... and more

European Commission vice-president Frans Timmermans encouraged EU member states to use funds from the €750 billion Next Generation EU fund to make targeted investments in the space to "unlock the necessary private financial flows" to power the expansion.

News round-up: US sustainable investment boom, human rights disclosure fail, CIP, and more...

News Round Up: Scottish Widows, JP Morgan, Fidelity, and more

$20trn of investors urge firms to set science-based targets

Co-chairs confirmed for TNFD working group

Three co-chairs have been nominated to lead the Informal Working Group (IWG) that is tasked with launching a work plan for the Task Force on Nature-related Financial Disclosures (TNFD):