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Private equity will struggle to implement TCFD, lawyer predicts
19 October 2018Private equity firms will struggle to implement the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) across their many portfolio companies, a lawyer has predicted.
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Majority of world’s largest pension funds neglect climate risk, says AODP
10 September 2018Nearly two thirds of the world’s largest pension funds have little or no disclosed strategy on climate change, potentially putting them at risk of breaching their fiduciary duty to savers, according to a study by the Asset Owners Disclosure Project (AODP).
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Private sector lagging on climate disclosure, report claims
17 August 2018Private sector asset owners tend to be less prepared than their public sector counterparts to make voluntary public statements and disclosures related to climate change, a report has claimed.
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One-third of PRI signatories submit TCFD-themed reporting
13 August 2018About one third (30%) of Principles for Responsible Investment (PRI) signatories have voluntarily reported according to a Task Force on Climate-related Financial Disclosures (TCFD)-style framework.
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Investors offered tool to model low-carbon transition risk
08 June 2018A modelling tool to help investors and regulators assess how the transition to a low-carbon economy will impact the financial performance of infrastructure investments, has been launched by the ClimateWise Insurance Advisory Council.
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Impax closes NEF III private equity fund with €357m
07 June 2018Impax Asset Management has announced the final close of its NEF III fund, which will make private equity investments in renewable energy infrastructure, having raised €357 million ($422 million).
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M&G launches private debt impact fund
16 April 2018UK asset manager M&G Investments has launched a fund focusing on private and illiquid debt that will deliver a positive social or environmental impact.
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Banking on a changing climate?
05 April 2018Climate change poses a significant threat to banks. How big is their exposure to climate risks, and what are they doing to mitigate them, asks Peter Cripps
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Companies sluggish to act on TCFD, report finds
19 March 2018Just one in 10 companies provide incentives for board members to manage climate-related risks and opportunities, representing a failure to act on the recommendations of the FSB's Task Force on Climate-related Financial Disclosures (TCFD), a report has found.
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$3trn of investors launch pilot group on TCFD
15 March 2018Nine investors representing around $3 trillion of assets have joined forces to promote climate transparency.