Archive

XCHG launches exchange-traded voluntary carbon offset product

An exchange-traded voluntary carbon product has been launched, which claims to establish for the first time a credible, standardised price for voluntary carbon offsets.

Focus more on adaptation, Insurance Europe says

European re/insurers believe that even if radical measures to reduce greenhouse gas (GHG) emissions were adopted, it would no longer be enough to mitigate climate change.

Water risk is accelerating cases of 'drying' or 'drowning' assets

The announcement of 'stranded' assets created by rising water risk is growing, environmental not-for-profit CDP says, with examples of these 'drying' or 'drowning' assets accumulating rapidly, but awareness and disclosure remains lamentably low.

McKinsey: Investor action can reduce climate impact of fashion industry

Investors have a responsibility to change their approach to the global fashion industry in order to create a more sustainable model following the Covid-19 pandemic, according to US-based management firm McKinsey & Company.

Carney to lead Brookfield's ESG and impact strategy

Mark Carney has been appointed vice chair and head of environmental, social and governance (ESG) and impact fund investing at Canadian alternative investment firm Brookfield Asset Management.

ASI unveils Asian equity fund 'aligned to' SDGs

UK-based Aberdeen Standard Investments (ASI) has launched an Asian Sustainable Development Equity Fund it says is 'aligned to' the UNSustainable Development Goals (SDGs).

Develop principles to govern digital finance and SDGs, UN told

The UN has been urged to help develop a set of principles to advance technology's role in closing the financing gap for the Sustainable Development Goals (SDGs).

Green and sustainability-linked loan round-up: Trill Impact, Siemens Energy, M&G Real Estate, Ichigo

Bond round-up: ANZ, China Construction Bank, IADB, Germany, Sweden ... and more

HSBC and Pollination form 'world's largest natural capital manager'

HSBC Global Asset Management and investment firm Pollination Group have entered into a joint venture agreement to establish HSBC Pollination Climate Asset Management.