Archive

NAIC updates climate risk disclosure survey for US insurers

US insurers will need to comply with the Task Force on Climate-Related Financial Disclosures...

Address climate adaptation finance, says IPCC co-author

Financial institutions must urgently move away from funding fossil fuels and channel more capital to financing climate adaptation measures, according to a co-author of the latest report by the Intergovernmental Panel on Climate Change (IPCC).

Swisscom buys minority stake in South Pole

Menterra social impact fund raises $30m

Bangalore-headquartered Menterra Venture Advisors has announced the first close of its Menterra Social Impact Fund II, at INR227 crore ($29.8 million).

NA100 invites investors ahead of summer launch

An initiative to coordinate engagement with companies and policymakers on nature has invited investors to signal their interest, ahead of a formal launch this summer.

CA100+ targets CRH over climate accounting failure

Climate Action 100+ (CA100+) supports a resolution from Sarasin & Partners to vote against Irish buildings materials firm CRH and its auditor over perceived climate-related inaction.

Nomura launches 'core' Japan ESG equity ETF

Mandatory climate disclosure for Canadian banks, insurers from 2024

Canada has confirmed plans to phase-in mandatory Task Force on Climate-related Financial Disclosures (TCFD) reporting for banks and insurers from 2024.

Global Fund for Coral Reefs takes step forward

EU standard proposals could 'shrink pool' of green bonds, says HSBC

The additional EU Green Bond Standard (GBS) criteria proposed by an influential committee run the risk of "shrinking the pool" of green bond issuers and projects by being overly complicated and restrictive, according to HSBC.