Archive

DWS fined $19m by SEC for 'misleading' ESG statements

IIGCC to step up pressure on banks to demonstrate action on net zero

A group representing investors with €65 trillion ($70 trillion) in assets under management has published a set of expectations for banks, as they push for more details on how banks will act on pledges to achieve net zero emissions.

DB: Residential real estate renovation bill equivalent to half of loan book

NGFS transition plan 'stocktake' due this week

The Network of Central Banks and Supervisors for Greening the Financial System (NGFS) will publish its "stocktake" on transition plans this week, which one official said will demonstrate how "inconsistent" the global picture is.

We cannot ignore nature, warns German central bank

The profitability of banks will be put at risk if they continue to ignore nature-related risks, Deutsche Bundesbank's Sabine Mauderer warned,...

ESG-dilutive acquisitions becoming a 'deal-breaker'

M&A deals are no longer just about earnings per share, Trisha Taneja tells Ahren Lester

Banks call on EU to provide transition plan guidelines

Banks have called on the EU to catch-up with other jurisdictions - in particular, the UK and Japan - by providing guidance on transition plans and finance.

Goldman Sachs AM wants firms to tackle controversies with social bonds

Goldman Sachs Asset Management (GSAM) would like to see companies use social bonds to tackle controversies in their supply chains, an executive has said.

Deutsche Bank agrees green loan for Vietnamese manufacturing factory

Investors hail 'momentous' High Seas Treaty

Financiers welcomed the "milestone" UN agreement to protect a third of the High Seas by 2030, but cautioned that further action is needed to ensure it achieves its goals.