Archive

It's time for ESSG

Stewardship is an integral part of ESG, say Robert Furdak, Jason Mitchell and Steven Desmyter

Zurich withdraws insurance cover for tar sands pipeline

Swiss insurer Zurich will not provide cover for Canada's controversial Trans Mountain tar sands pipeline once the current policy expires at the end of August, a spokesperson for the project said.

EU recovery fund deal could boost green bond market: S&P

A massive potential 'green' debt issuance to fund the EU coronavirus (Covid-19) recovery plan could help crowd-in further green private capital to the market, S&P Global Ratings tells Ahren Lester.

People Moves 24 July: NatWest; MAS; ISS ESG; Climate Bonds Initiative; Morningstar; NordLB; Octopus Group; CPP Investments; University Pension Plan Ontario; Planet Tracker; Enzen; Clarios

Foresight validates wind farm in EU Taxonomy compliance push

Foresight has attained EU Taxonomy validation for its 231MW Swedish wind farm project, as it sets out to build one of the first Taxonomy-compliant investment funds.

ERAFP opens tender for €1bn multi-asset fund of funds

French pension fund ERAFP has launched a call for tenders for two new diversified fund of funds mandates for a portfolio worth a combined €1 billion ($1.15 billion).

Malaysia launches sustainable finance initiative

Capital Markets Malaysia (CMM) has launched an initiative to spur growth in sustainable financing following recommendations from the nation's securities regulator.

Microsoft makes $50m investment in sustainability firm

Tech giant Microsoft has invested $50 million in Energy Impact Partners, a venture capital firm with focus on the sustainable energy transition.

Investors urge Federal Reserve to tackle climate risk

Investors with nearly $1 trillion in assets under management have signed a letter to US Federal Reserve chairman Jerome Powell demanding action to address climate change as a systemic financial risk.

Satellite and AI initiative to 'transform carbon data'

An initiative has been launched to combine data from satellites and artificial intelligence (AI), promising to "revolutionise global efforts to measure and reduce emissions across every sector of society".