Sustainability-linked finance guidelines for shipping firms published
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'.
Nordea, Kempen among new Finance for Biodiversity Pledge signatories
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.
KLP among investors in €270m housing impact fundraise
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.
2DII launches PACTA advisory group
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.
KLP invests €200m in green infrastructure
Investor support for Mizuho Financial climate resolution grows
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.
Norway's largest pension fund to exclude oil sands companies
Norwegian public sector pension fund KLP has pledged to exclude companies that make more than 5% of their revenue from oil sands.
Institutional investors call for sea change in fish farming
Climate change, pollution and antibiotic resistance could sink the fast-growing fish farming industry, the investor network FAIRR has warned.
UNEP FI and investors release study on climate risk reporting
A major study has been issued looking at the different ways that investors can measure and report climate risks.