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UK green finance strategy 'fails to address challenge of financing transition'
31 March 2023The UK's green finance strategy has been accused of "failing to address the ... challenge of financing the overall energy transition" by not explaining how the country aims to promote investment to decarbonise its economy.
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FCA labelling and disclosure framework 'clear step forward' on greenwashing
26 January 2023Industry experts have welcomed the UK Financial Conduct Authority's (FCA) proposed Sustainability Disclosure Requirements (SDR) and sustainable investment labels - but voiced concern at the potential impact of some of its definitions.
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Local currency loans should be impact 'norm'
14 November 2022Local currency hedging is "becoming the norm" among frontier and emerging market impact investors, according to Cardano Development.
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$39trn investor group urges governments to step up climate action
13 September 2022533 institutional investors managing a total of about $39 trillion in assets have urged governments to enact climate policies to leverage private finance.
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The future of sustainable finance is political
21 February 2022Wrangling over the EU Taxonomy shows the future of sustainable finance is inherently political, argues Will Martindale
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Big Society Capital, Cardano to invest up to £195m in affordable housing
16 February 2022Cardano and Big Society Capital are targeting investments of up to £195 million ($265 million) in real estate fund strategies to address the shortage of affordable housing in the UK.
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Cardano aims to combat 'tremendous' greenwashing risk
15 February 2022Cardano is developing a framework to describe how investors influence decarbonisation, to try to tackle the "tremendous" risk of 'greenwashing' presented by net-zero strategies,...
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Investors dispute FCA labelling of sustainable products
11 January 2022Cardano and UKSIF have raised concerns about the UK Financial Conduct Authority (FCA)'s proposed definitions of sustainable products.
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Actiam appoints CEO after Cardano completes acquisition
07 January 2022UK-based Cardano Group has completed the acquisition of Dutch asset manager Actiam from insurance and reinsurance group Athora Netherlands.
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Cardano acquires £18.5bn sustainable investors ACTIAM
21 October 2021Pensions advisers Cardano has acquired sustainable investors ACTIAM, which manages £18.5 billion ($26 billion) of assets...