Archive

Planet Tracker identifies deforestation risk behind ETFs

Exchange traded funds (ETFs) from asset managers including BlackRock (iShares), Vanguard and State Street hide entrenched deforestation risk from investors, according to sustainability think tank Planet Tracker.

EFAMA backs call for ESG data firm regulation

The European Fund and Asset Management Association (EFAMA) has announced support for proposals by two European market watchdogs that the EU should regulate environmental, social and governance (ESG) data, research and ratings firms.

Hong Kong regulators deliver action plan for greening financial ecosystem

A steering group composed of key Hong Kong regulators has announced its five-point action plan for a green and sustainable finance strategy for the major financial centre.

News round-up: LGIM launches transition fund, ICE to host UK ETS, Vestas takes CIP stake ... and more

International sustainability standards 'should incorporate SDGs'

Efforts to develop international sustainability reporting standards should use the Sustainable Development Goals (SDGs) "as an underlying anchor", according to the European Securities and Markets Authority (ESMA).

PRI urges EU Taxonomy to 'remain faithful' to expert recommendations

With the consultation on the first set of draft technical screening criteria for the EU Taxonomy about to close, the Principles for Responsible Investment (PRI) urged the EU to stick to the recommendations made by the Technical Expert Group on sustainable finance (TEG) in their final report.

Coal, Covid-19 and the rise of renewables

The pandemic has given a boost to the energy transition, and it is unlikely that this trend will drop off as we move to a recovery, amid the realisation that renewables are much cheaper than 'dirty' energy sources, says Paul Flood

Germany plans 30-year green bond in May

Germany has announced it intends to issue its first 30-year green bond in May, and plans to issue a similar volume in 2021 as in 2020.

NNIP joins Axa IM in ditching State Bank of India green bonds

NN IP's green bond portfolios have joined AXA Investment Managers in selling green bonds issued by State Bank of India (SBI) in protest about reports it is planning to support the construction of a giant coal mine.

CA100+ to 'amplify' efforts in 2021 amid ongoing gaps in climate progress

The Climate Action 100+ (CA100+) engagement initiative has announced plans to ramp-up engagement with target companies in 2021, after its progress report showed significant gaps remain.