Archive

ESG fund assets set to jump to half total European market by 2025, says PwC

The "wave has begun to break" for environmental, social and governance (ESG) funds in Europe, according to a report by PricewaterhouseCoopers (PwC), with ESG funds forecast to constitute the majority of European fund assets by 2025.

News Round Up: Morgan Stanley, State Street, Redington, and more

People Moves 16 October: Willis Towers Watson; TNFD; Ikigai Capital; Engie

China's ETS: launch hope high as officials step up support

Following their recently upgraded climate pledge, senior Chinese officials have given renewed backing to a national emissions trading system (ETS), reigniting hopes it will soon be built and be more ambitious, writes Ahren Lester

Macquarie and BT Pension push TPI support past $20trn

Membership of the Transition Pathway Initiative (TPI) has surged past the $20 trillion milestone, just over three years after it was launched.

Fitch: Utilities more exposed to transition risk than physical risk in 2°C scenario

The portfolios of energy companies are far more vulnerable to sudden changes in environmental, social and governance (ESG)-related policies and regulation than to the actual physical effects of climate change in the event of a less than 2°C warming scenario, according to ratings agency Fitch.

News Round Up: HSBC financing criticised, GE net-zero pledge, TPI growth surge

Emerald invests in water treatment technology company

Emerald Technology Ventures has led a €3 million ($3.5 million) funding round for Finnish start-up Sofi Filtration.

Book review: Reimagining capitalism in a world on fire

This is an optimistic (and personal) prescription for reimagining capitalism and rewiring finance from Harvard teacher Rebecca Henderson, says Marcio Viegas

S&P: Gas 'squeezed' by downturn, but renewables face 'crucial' 2020

The energy demand slump caused by the Covid-19 pandemic is set to "squeeze" gas demand, said S&P Global, amid "sticky" coal generation and persistent renewables growth - although renewables face their own challenges.