Data providers neglecting impact, says KBIGI
Providers of sustainability data are failing to address the potential market for information on environmental and social impacts, according to KBI Global Investors (KBIGI).
US Senate passes 'game-changing' $369bn climate investment package
The US Senate has passed the flagship economic package of President Joe Biden which includes $369 billion dedicated to climate and clean energy investment, in a development one investor described as "shifting the world's largest economy forever towards a greener future".
KBI changes its mind on the sustainability of burning biomass
KBI Global Investors said a reclassification of the way it judges the positive and negative impact of its own investments has seen its overall impact score drop compared with last year - with companies involved in burning of biomass and natural gas distribution behind the rerating.
EU taxonomy has lessons for impact investing - KBI
Impact investors have been encouraged to repurpose the revenues-based approach of the EU's taxonomy for sustainable activities and use it to assess a portfolio's net contribution to the Sustainable Development Goals (SDGs).
KBI urges greater investment in sustainable infrastructure
Asset owners should be investing more heavily and with more urgency in infrastructure projects that help with the provision of energy, water and food, according to KBI Global Investors (KBIGI).
KBI reports alignment of natural resources strategies with SDGs
KBI Global Investors (KBIGI) has estimated that more than three-quarters of the revenues from its natural resources portfolios contribute to the UN's Sustainable Development Goals (SDGs).
Food companies aware of water risks but are not managing them: Ceres
Food companies are failing to effectively manage climate-related water risks such as drought and pollution – despite their growing awareness of these risks, according to Ceres.
Almost all ‘responsible' investors looking to increase impact, says KBI
Some 94% of institutions in KBI Global Investors’ universe of ‘responsible’ equity investors aim to increase their allocation to impact investments over the next 1-3 years.
Fidelity launches sustainable water and waste fund
A fund to invest in sustainable water and waste management products has been launched by $411 billion investment manager Fidelity International.
AP7 awards green mandates to KBI and Impax
Swedish national pension fund AP7 has awarded two "green mandates" to KBI Global Investors and Impax Asset Management.