Archive

Guidelines for shipping firms and lenders on issuing sustainability-linked loans and bonds have been published by a working group of Nordic firms in order to introduce a higher level of industry standardisation and avoid 'greenwashing'.

Financial firms managing more than €12 trillion ($13.6 trillion) in assets have now signed the Finance for Biodiversity Pledge after nine new signatories joined the initiative, including Nordea Asset Management and Kempen.

Norway's KLP pension fund was among investors to commit about €270 million ($310 million) to an 'affordable' housing impact fund that incorporates a 'penalty clause' if the fund does not meet its impact or financial targets.

2° Investing Initiative (2DII) has appointed an expert group to advise on new governance for the Paris-based thinktank's climate scenario analysis and alignment methodology.

Mizuho Financial faces growing pressure as more investors back a shareholder resolution calling on the bank to disclose its climate risks and publish a plan to align investments to the Paris Agreement.

Norwegian public sector pension fund KLP has pledged to exclude companies that make more than 5% of their revenue from oil sands.

Climate change, pollution and antibiotic resistance could sink the fast-growing fish farming industry, the investor network FAIRR has warned.

A major study has been issued looking at the different ways that investors can measure and report climate risks.