Archive

EU climate benchmark funds hit €58bn in assets

Funds managing assets in compliance with EU climate benchmarks have hit about €58.3 billion ($63 billion), according to estimates by the European Commission.

China legacy green bond 'common ground taxonomy' relabelling due soon

The China Green Finance Committee is preparing to publish its methodology for relabelling existing Chinese green bonds as being in alignment with the 'common ground taxonomy' (CGT) in a "couple of months' time".

People moves, 26 May: Verra, Allianz GI, Standard Chartered, Federated Hermes ... and more

Impact investors seek contribution, not 'additionality'

Impact investors increasingly define the outcomes of their investments in terms of 'contribution' to positive impact, rather than seeking to define the difference they make using the divisive term 'additionality', a webinar heard.

NZIA exodus continues as Allianz, Axa and Scor depart

Allianz, Axa and Scor have withdrawn from the Net-Zero Insurance Alliance (NZIA), taking the total number of departures from the coalition to seven.

Phoenix unveils net-zero transition plan

The UK life insurer sets out five key targets to reach interim targets

Loan round-up: NEOM, Citi and Scotiabank

Sustainable bond market risks fragmentation amid 'regulatory overload'

By Ahren Lester at the ICMA AGM in Paris

Sumitomo Mitsui to begin voting against boards on ESG issues

Sumitomo Mitsui Asset Management will for the first time vote against boards that have failed to take action on ESG issues, following six years of engagement with company management.

Railpen welcomes proposed tightening of UK Corporate Governance Code

Pension fund Railpen has welcomed potential changes to the UK Corporate Governance Code to bolster the role of sustainability and ESG reporting in the responsibilities of company board and audit committees.