Archive

People Moves 17 December: IIGCC, ISSB, Moody's and more

BlackRock executive among six new board members appointed by IIGCC

10 US asset managers emit 3bn oil barrels a year

The annual financed emissions of 10 of the largest US asset managers are equivalent of three billion oil barrels, a report has said,...

SoftBank, BlackRock invest in ESG data firm

Sustainability data firm Clarity AI has raised $50 million in its latest funding round led by Tokyo-based SoftBank Group.

Danica Pension invests DKK 1bn in BlackRock impact fund

Danica Pension is investing DKK 1 billion ($152 million) in an impact fund managed by BlackRock.

BlackRock: Sustainable asset pricing 'far from bubble territory'

Asset manager BlackRock said pricing of sustainable assets is "far from bubble territory" with plenty of scope for further outperformance as reallocation to sustainable financial products by investors accelerates in coming years.

COP26 outcome suggests private finance left to pick up climate slack

The final text of the climate agreement by countries at the UN climate summit in Glasgow represents only incremental progress on previous conferences and leaves considerable slack for private finance to pick up on the path to net zero, according to commentators.

'Logical' to expect climate-related capital requirements - ECB's Elderson

It is "logical" to expect that banks will be required to hold more capital in reserve to cover climate-related risks, a senior official at the European Central Bank has said, in the strongest indication yet that the central bank will adapt prudential requirements to cover climate risks.

Ground-breaking BlackRock public-private EM climate fund exceeds target

BlackRock has announced its flagship public-private financing Emerging Market (EM) climate infrastructure investment fund has raised more than $670 million...

Credit Suisse and BlackRock launch PE Impact Fund