BlackRock's iShares launches first climate-risk adjusted government bond fund
BlackRock has launched a product that is believed to be the first climate-risk-adjusted exchange-traded fund (ETF) to invest in government bonds.
Science Based Targets initiative launches financial sector framework
Science Based Targets initiative (SBTi) has launched its "breakthrough" pilot framework for financial institutions to set science-based climate targets, but campaigners were "disappointed" and "disturbed" by what they perceive to be shortcomings.
WFE highlights lack of consensus on ESG standards across exchanges
Stock exchanges have flagged the array of different environmental, social and governance (ESG) reporting standards as a hindrance to their sustainability efforts.
Mark Carney launches climate disclosure initiative with London Stock Exchange
Former Bank of England governor Mark Carney and the London Stock Exchange plan to establish a global coalition of stock exchanges supporting climate disclosure in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
ESG data market 'to more than double, to $5bn'
The environmental, social and governance (ESG) data and services market could more than double to over $5 billion by 2025, it has been forecast, as institutional investor interest grows in the wake of the Covid-19 pandemic.
HSBC launches 'next generation' sustainable equity ETFs
HSBC Global Asset Management (HSBC GAM) has launched three sustainable equity exchange-traded funds (ETFs) targeting firms with strong environmental, social and governance (ESG) scores that are transitioning to a low-carbon economy.
BlackRock hails sustainable ETFs in wake of Covid-19
Sustainable ETFs chalked up another resilient performance amid the market turmoil in the wake of the coronavirus pandemic. BlackRock's regional sustainable ETF head tells Ahren Lester what may have driven this, and what it means for the future of the asset class.
Carney: sovereigns benefit from green bond market 'success story'
Former Bank of England (BoE) governor Mark Carney has described green bonds as a "success story", while lauding the benefits of sovereign issuers entering the market.