Archive

Growing evidence of 'green shorting', says State Street

There is growing evidence of 'green shorting' in the securities lending markets, according to State Street Global Advisors.

People moves 6 June: DWS, DBS, Macquarie and more...

Minority of US bank investors support climate proposals

National Pension Trust commits £1bn default fund to ESG investing

10 US asset managers emit 3bn oil barrels a year

The annual financed emissions of 10 of the largest US asset managers are equivalent of three billion oil barrels, a report has said,...

Majority of 'climate' funds 'not aligned with Paris Agreement'

The majority of climate-themed equity funds are not aligned with the Paris Climate Agreement...

State Street among supporters of 'sustainable infrastructure' label

A label for 'sustainable infrastructure' has been backed by the Sustainable Markets Initiative's Financial Services Taskforce (FSTF)...

Largest ETFs 'hardwired to finance carbon-intensive assets', report says

Policymakers have been urged to step in to help track primary market capital flows to fossil fuel companies, after research revealed that providers of major exchange traded funds (ETFs) continue to invest large amounts in new bond or share issues by these companies.

Banks with $29trn in assets pledge to set 2050 'net zero' targets

A group of banks with about $28.5 trillion in assets has joined a UN-convened 'Net Zero Banking Alliance', and in doing so pledged to "align operational and attributable emissions from their portfolios with pathways to net-zero by 2050 or sooner".

News round-up: BlackRock, Eurazeo, CBL, COP26 and Standard Chartered