Archive

Investors to challenge sovereign SLB issuers using ASCOR, investor says

Investors plan to use a tool for assessing countries' climate progress to challenge issuers of sustainability-linked bonds (SLBs) on the strength of their targets, an investor has said.

New climate finance target 'to be set at next COP'

This year's COP needs to set an enhanced target for climate finance, a pension fund has argued, as the amount mobilised eventually needs to move from the "billions to the trillions".

Opening the black box of sovereign debt and climate risks

Sovereign debt investors are ready to use the first-of-its-kind Ascor tool to assess countries' climate progress, Adam Matthews and Esther Law tell Michael Hurley

COP28: First Global Stocktake draft 'not particularly groundbreaking', says Actis

ASCOR to assess countries based on contribution to $100bn climate finance goal

A first-of-its-kind free tool to help bond investors assess countries' climate progress has been launched that will see investors rate sovereigns on factors including their contribution to the problem and the finance they commit to address it, following changes to its draft methodology.

UK taskforce requests feedback on social factors in pensions investments

UK prime minister under fire from industry for weakening climate policies

UK prime minister Rishi Sunak announced he would delay a ban on the sales of new petrol and diesel cars and the phasing out of gas boilers, drawing a wave of criticism from investors and corporates who say the move harms plans for the transition.

Church of England Pensions Board leaves NZAOA

The Church of England Pensions Board has left the UN-convened Net-Zero Asset Owner Alliance (NZAOA), citing the need to maintain "a clear focus on one net zero initiative".

Church of England to support Toyota lobbying resolution

The Church of England Pensions Board (COEPB) is to take action at Toyota's upcoming AGM over concerns its lobbying "may be undermining the goals of the Paris Agreement".

People moves, 26 May: Verra, Allianz GI, Standard Chartered, Federated Hermes ... and more