Archive

AXA IM to divest from climate 'laggards' in 2025

Axa Investment Managers (IM) will divest from firms it deems to be "climate laggards" and fail to respond to engagement...

Qontigo adds carbon price to its macro risk model

Qontigo has started factoring carbon pricing into modelling used to measure the risk of equities.

Swiss regulator tightens 'greenwashing' scrutiny of funds

The Swiss Financial Market Supervisory Authority (FINMA) has published guidance for fund managers to combat 'greenwashing'...

AllianzGI, EIB target €500m for emerging markets impact fund

Allianz Global Investors (AllianzGI) and the European Investment Bank (EIB) have raised €440 million ($509 million) for a blended finance fund that will invest in climate-focused investment funds and projects active in emerging markets and developing countries.

M&G invests in plastics recycling firm

M&G has invested an undisclosed amount in UK-based plastics recycling firm Plastic Energy as part of a €145 million ($168 million) fundraising round.

'Much needed' EU, China common ground taxonomy published

The International Platform on Sustainable Finance (IPSF) has published its long-awaited initial scoping report detailing its "common ground" taxonomy (CGT) of green activities, described as a "much-needed" attempt to set global definitions.

COP26 round-up, 5 November: IEA, CDP and BSI

UK group presents voluntary carbon markets guide at COP26

A UK group to promote "high-integrity, scaled markets" for voluntary carbon offsets has presented guidance at COP26, which aims to predict "what the future of the ... markets may look like".

People Moves 5 November: Mike Bloomberg, PRI and more...

Michael Bloomberg joins Mark Carney as Co-Chair for GFANZ