Asset owners commit to net zero
The owners of trillions of assets have made net-zero commitments - but what do they actually mean, asks Thomas Cox
Insurance giants form Net-Zero Insurance Alliance
Green Bond Principles tightens 'key' recommendations to reflect market best practice
Three years after the last update, the widely adopted Green Bond Principles has received a raft of updates to bring it in line with the developing best practice in the global sustainable bond market. Ahren Lester reports
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".
Climate transition: insurers should lobby government and engage corporates
Insurers have made progress on investment side but more effort needed in underwriting, Zurich head of sustainability says
Zurich Insurance moves to non-financial impact targets
Zurich Insurance Group has removed monetary targets from its impact strategy, as it passed a goal it previously set itself to invest $5 billion in impact instruments.
Sustainability-linked bonds are 'more powerful than green bonds'
ESG in Fixed Income Europe 2020 conference: The 'use of proceeds' model adopted by most green bonds came under attack, amid allegations that it is susceptible to 'greenwashing'.
$5trn of investors set 'unprecedented' 1.5°C emissions target
Some of the world's largest investors, with a combined $5 trillion in assets, have pledged to implement deep greenhouse gas (GHG) emissions reductions in their portfolios over the next five years, putting them on course to help limit global warming to 1.5°C.
The Future of ESG Data conference: Don't separate impact from sustainability data
Third-party data providers should make impact a part of their core sustainability data offering to help investors assess the net impact of their investments, UBS's Christopher Greenwald has said.