Archive

Church of England to back climate disclosure shareholder proposals for US banks

The Church of England Pensions Board will vote in favour of measures that could force several US banks, including Bank of America, Goldman Sachs and Morgan Stanley, to disclose the level of their fossil fuel financing relative to that for clean energy.

Mediolanum adds two 'multi-manager' ESG funds

People Moves, 1 March: South Pole, PRI, Blue Earth Capital, United Bankers ... and more

Sustainable funds outperformed traditional funds in 2023 by 'almost 50%', Morgan Stanley finds

Key Capture Energy offloads tax credits of battery energy projects under IRA

World Economic Forum launches biodiversity credit platform amid predictions of $2bn market

Morningstar fined by regulator in anti-greenwashing action

Morningstar has paid the Australian financial regulator AUD29,820 ($19,612) after it alleged the company retained exposure to weapons manufacturers via its ESG-themed funds despite claiming it excluded such companies.

Net zero targets can oblige progress reporting in financial accounts, says IASB committee

Setting net zero commitments can oblige companies to report their performance against climate targets under existing financial accounting standards, according to the International Accounting Standards Board (IASB) interpretations committee.

People Moves, 17 November: Acadia Infra Capital, BRG

Loan round-up: DLG, U Mobile, Hyundai Mobis ... and more