Archive

  • Exclusionary strategies could spark 7% drop in stock prices of 'brown' firms, BIS report says

    02 October 2023

    The exclusion of high-emitting 'brown' firms by sustainability-minded investors could lead to a 7.1% drop in stock prices of these firms over 10 years, according to a modelling exercise by academics.

  • Insurance Risk & Capital Americas 2023: Climate change already making some perils 'uninsurable'

    27 September 2023

    Climate change has been named as one of the biggest headwinds facing the insurance industry by a panel of risk experts, with its effects already making some perils uninsurable.

  • Insurance Risk and Capital Americas 2023: US anti-ESG backlash is 'political risk', insurers say

    27 September 2023

    US politicians have hijacked the ESG debate, making the job of insurers to manage their climate risk much more difficult, according to panellists at the Insurance Risk and Capital Americas 2023 conference.

  • Ginnie Mae launches 'social bond' label for investors

    15 September 2023

    Ginnie Mae will launch a 'social bond label' for investors in its single-family mortgage backed security (MBS) programme from October, which it described as an "important step" for the US government-owned residential mortgage agency.

  • Enel, DZ Bank join Principles ExCom as Fannie Mae exits

    23 June 2023

    Enel, DZ Bank and BNP Paribas Asset Management were among those elected to the executive committee (ExCom) which develop the influential sustainable bond principles, but Fannie Mae's exit marks a quick end to US issuer representation on the executive.