Archive

PRI responds to questions on outcomes reporting

The Principles for Responsible Investment has moved to reassure its investor signatories about the motivation behind proposals to require reporting on "real-world outcomes" of their investments and the Sustainable Development Goals.

News round-up: US exits Paris Agreement, Willis Towers Watson, PACTA and Generali

PRI ejects first five signatories for failing minimum standards

The UN Principles for Responsible Investment (PRI) has for the first time booted out five signatories for failing to meet the minimum requirements, with a further 15 signatories at risk of being delisted in 2021.

Industry standard for tailings dam management launched

A global industry standard on how to manage tailings dams from construction through to closure has been launched, described as an "important milestone" towards ensuring zero harm to people and the environment following a series of disasters.

AgriFunds urged to improve natural capital risk disclosure

Food and agriculture funds have been urged to improve reporting on nature-related risks, after a report showed major investors in the sector were materially exposed to the financial risks associated with natural capital threats.

Legal Framework for Impact to fundamentally reshape finance, says Generation IM

The forthcoming Legal Framework for Impact "will fundamentally reshape the way finance and business is conducted in coming decades", according to Generation Investment Management.

Denmark's PFA joins Net-Zero Asset Owner Alliance

PFA, a Danish insurer and pension fund, has become the 23rd member of the UN-convened Net-Zero Asset Owner Alliance.

Transition Pathway Initiative eyes analysis of corporate debt market

The Transition Pathway Initiative (TPI) plans to extend its analysis of management quality and carbon performance to corporate issuers of fixed income products.

Use our Taxonomy as a framework for economic recovery, urges EU's TEG

Policy makers and the private sector have been urged to use the tools developed as part of the EU's sustainable finance action plan to guide the rebuilding of economy following the coronavirus (Covid-19) crisis.

Database of tailings dams launched as investors up pressure on mining firms

A database of tailings dams has been launched that it is hoped will inform investor engagement and push mining companies to actively manage the risks of dams failing and causing catastrophic damage to nearby communities and the surrounding environment.