State Street: Covid-19 demonstrates social criteria are financially material
ESG in Fixed Income Europe 2020 conference: Pandemic has made it evident that ESG criteria are absolutely financially material for companies
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.
People Moves: SSGA, UBS
State Street hires Funk
Poor ESG data hinders investment decisions, says SSgA
The opaqueness of data around environmental, social and governance (ESG) investing is acting as an impediment to institutional investors, such as insurers, who want to commit more to their programmes, according to State Street Global Advisors' (SSgA) head of ESG Rakhi Kuma.
People Moves: Carbon Tracker, State Street Corporation, ANZ Bank New Zealand and MFS Investment Management
Anthony Hobley, chief executive officer of not-for-profit financial think-tank the Carbon Tracker Initiative, will step down and join the organisation's advisory board as co-chair from April.
Shareholders criticise BlackRock's environmental voting [Updated]
BlackRock has been criticised by shareholders for failing to back climate change resolutions despite publicly calling for investors to take action on the issue.
Signatories to GBPs break through 100-mark
The number of signatories to the Green Bond Principles (GBPs) has broken through the 100-mark, representing another milestone in the market's rapid growth.
State Street launches world's first index-linked green bond fund
The world's first index-linked green bond fund has been launched for institutional investors.
BlackRock, AP4 and State Street among buyers of ADB's first green bond
The Asian Development Bank (ADB) has sold its inaugural, $500 million green bond to 44 investors.
NIB issues $500m green bond for Nordic projects
The Nordic Investment Bank (NIB) has issued a "benchmark" $500 million green bond.