Archive

People Moves, 26 July: Greenbank, Moody's LSEG, Cbus ... and more

India plans climate finance taxonomy

India's Ministry of Finance has announced funding to create a taxonomy to attract climate finance, spanning adaptation and mitigation activities.

UK Stewardship Code changes 'may be' concession to US signatories' fear of antitrust laws

Changes to the UK Stewardship Code to remove a requirement to report annually on collaborative engagement and escalation may have been designed to assuage fears particularly among US managers at violating antitrust laws, it has been suggested.

Clwyd Pension Fund reappoints Capital Dynamics for Welsh clean energy mandate

Asset manager neglect of climate adaptation leads Brunel to take engagement 'into own hands'

UK pension pool Brunel has begun an engagement programme with 20 companies in the consumer staples sector asking them to prioritise investment in climate adaptation measures, as it said asset managers were failing to do so.

FRC cuts UK Stewardship Code reporting to 'reduce burden' on signatories

The Financial Reporting Council (FRC) has cut reporting requirements of the UK Stewardship Code, to "provide clarity on areas signatories outlined as challenging to address, reduce the volume of reporting and provide flexibility for signatories in defining how they undertake stewardship".

People Moves, 19 July: JP Morgan, Lightrock, Ambienta, PCAF, Co-Labs & Phenix

UNEP FI launches resources for banks to benefit from the circular economy

The UN Environment Programme Finance Initiative (UNEP FI) has launched a series of resources designed to help banks and clients implement circularity within their businesses and portfolios.

Sustainable Debt Round-up: EBRD, Netherlands, Gunvor ... and more

Investors have 'strong preference' for Capex over Opex in sustainable bonds

Fixed income investors still have a "strong preference" for sustainable bonds focused on capital expenditure (Capex) rather than operational expenditure (Opex), according to a survey by the International Capital Market Association (ICMA).