Archive

UK Insurers lagging asset managers to hit UK stewardship code deadline

Research by EY highlights disconnect between underwriters and managers on stewardship issues

Insurers say regulators have the sustainability power

JP Morgan Asset Management and Environmental Finance's sister publication Insurance Asset Risk have joined forces to understand what lies under the bonnet of insurers' responsible investment announcements. Findings were compiled in a report. We present some of the key high- level discoveries, with part one focusing on regulation. Vincent Huck reports

Norwegian oil fund continues ESG engagement ahead of renewables push

The manager of the giant Norwegian sovereign wealth fund reported it was continuing to engage heavily with firms on environmental, social and governance (ESG) issues, but was yet to get off-the-mark in its renewable energy investments.

Bank of America becomes third US lender to join carbon accounting initiative

Bank of America (BoA) has joined the Partnership for Carbon Accounting Financials (PCAF), the third major US lender to join the initiative in the past week, as pressure builds on financial institutions to tackle the emissions of their lending and investment portfolios.

ESG's negative impact on returns - myth or reality?

A growing number of insurers have announced new or upgraded sustainable investment strategies in recent years. JP Morgan Asset Management and Environmental Finance's sister publication Insurance Asset Risk have joined forces to investigate the drivers behind insurers' sustainable strategies. Vincent Huck reports on the high-level key findings

Sustainable debt market transformed by Covid-19 impact in H1

UK finance sector gets new advice on climate-related risks

Third of investor votes back Mizuho Financial climate resolution

More than a third of Mizuho Financial investors backed a ground-breaking shareholder resolution urging the Japanese bank to disclose its climate risks and publish a plan to align investments with the Paris Agreement.

Transition finance guidelines to be published 'by end of year'

A working group convened by the International Capital Market Association (ICMA) exploring the theme of 'climate transition finance' expects to publish guidelines by the end of the year, but stopped short of saying when a formal set of principles might be launched.

Snam issues maiden €500m 'transition' bond after 'climate action' criticism

Italian energy infrastructure firm Snam has raised €500 million ($567 million) through its inaugural 'transition bond' to finance or refinance energy transition projects, just over a year after its 'climate action bond' attracted controversy.