Archive

Impact principles signatories failing to measure outcomes, study finds

Only 17 from a group of 30 impact investors can show that they routinely compare the actual outcomes of investments with their intended environmental and social impact, according to a study by BlueMark.

ExxonMobil faces mounting investor pressure on climate action

US oil major ExxonMobil is facing growing pressure from major investors over its response to climate change ahead of its annual general meeting later this month, including from Legal & General Investment Management (LGIM) and the California Public Employees' Retirement System (CalPERS).

News round-up: Phoenix, Northern Trust, biodiversity and Canada

Green and sustainability-linked loan round-up: Noreco, Symrise, Sucafina, Canary Wharf ... and more

Phoenix invests £80m in Nissan's electric and hybrid vehicle manufacturing

Northern Trust Asset Management Introduces ESG Vector Score

Upcoming global biodiversity and finance workshop

Canada launches Sustainable Finance Action Council

'Inadequate impact measurement tools' lead Federated Hermes to develop own database

A perceived lack of suitable tools for measuring social and environmental impact has led Federated Hermes to develop its own 'impact database' to inform its listed equities strategy.

Setting science-based target for Total bond plan 'not easy', Pouyanné says

The boss of French oil major Total said the company is working hard to find a Paris Agreement-aligned target for its sustainability-linked bonds, but that the process is "not easy" because of the politics inherent in climate scenarios and the "religious" approach adopted by NGOs.