Archive

'Double materiality' splits market in IFRS sustainability standards consultation

Third of UK 'low carbon' funds contain oil and gas holdings

An investigation by think tank Common Wealth into UK funds with climate or low carbon themes has found over a third hold oil and gas producing companies.

Handbook for transition finance calls for science-based pathways

The Green and Social Bond Principles has issued a handbook providing guidelines for issuers of climate transition finance, and calling for an issuer's climate strategy to reference science-based targets and transition pathways.

EU 'brown' taxonomy proposals split financial sector

Asset manager taskforce calls on bondholders to assert their rights

A UK government-initiated taskforce has announced recommendations to strengthen sustainable stewardship in the UK investment industry, including encouraging investors to assert their rights in the bond and private markets.

Etihad Airways issues 'world's first transition sukuk'

United Arab Emirates (UAE)-owned Etihad Airways has issued a five-year $600 million sustainability-linked 'transition' sukuk, believed to be the first of its kind in the world and the first sustainability-linked bond in the airline industry.

Banks under fire for funding that threatens biodiversity

The world's largest banks have been named and shamed for continuing to fund activities that threaten the biodiversity of the planet.

UK social impact investment market passes £5bn

The UK's market for social impact investments jumped a fifth in 2019 to about £5.1 billion ($6.7 billion) in total, according to research by Big Society Capital.

News Round Up: HSBC financing criticised, GE net-zero pledge, TPI growth surge

'The time is right to invest in natural capital'

How does HSBC Pollination Climate Asset Management aim to attract large-scale investment in natural capital, Michael Hurley asks