Archive

UK FCA appoints newly created ESG head after remit change

$31bn Yale endowment sets climate 'principles', readies divestments

MSCI 'commits to net-zero prior to 2040'

Chinese financial institutions 'faced with grave climate risks', says central bank

Chinese financial institutions "are faced with grave risks and should begin their green transition right away", according to the governor of the country's central bank.

Lightrock takes 10% stake in South Pole

Impact investment manager Lightrock has bought a 10% stake in climate-themed project developer South Pole for a "double-digit-million-euro" sum.

News round-up: JP Morgan and Citi boost sustainable financing targets, DBS plots coal exit, Shell signs carbon credit deal

JP Morgan makes $2.5trn sustainable development financing target

Citi doubles environmental funding target amid $1trn sustainable financing aim

EU to devise transition criteria by end of 2021

The EU has revealed it plans to create screening criteria for energy transition activities by the end of the year, in a move that will effectively see it delay controversial decisions over whether to class natural gas as sustainable.

DBS commits to coal phase-out by 2039