Archive

GPIF 'monitoring' stewardship of managers who exited CA100+

The world's largest pension fund said it is "concerned about" widespread departures of asset managers from collaborative engagement initiatives including Climate Action 100+ as it looks to step up its monitoring of stewardship activities of its other managers.

ESMA Guidelines on fund names to boost transparency of green bond market

Additional disclosures by green bond issuers will often be needed under the regulations, writes Kristell Herbault

Companies in first 'wave' of CSRD reporting given disclosure reprieve

BlueOrchard launches listed debt strategy with Japanese insurance funding

Guy Carpenter warns of "growing protection gap" in flood-risk areas of US

Riverine flooding in Texas last week "underscores the growing protection gap in areas where flood risk is high, but perceived risk and insurance uptake remains low," according to a briefing note from Guy Carpenter yesterday.

Forestry investors back natural capital accounting pilot

Major forestry investors including Climate Asset Management, Mercer and New Forests have joined a natural capital accounting pilot, along with the Taskforce on Nature-related Financial Disclosures (TNFD).

HSBC quits NZBA

HSBC has become the latest bank to quit the Net-Zero Banking Alliance (NZBA).

Nine banks in ECB's crosshairs for fines after failing to meet sustainability expectations

Nine "outlier" banks missed a deadline to satisfy minimum expectations on management of climate and other environmental risks and have been told they face potential fines from the European Central Bank (ECB).

Financial innovation in the agri-food sector

New practices are needed to mitigate the climate and nature related risks in our food system, writes Daniel McQuillan

Bank of England warns on 'carbon shocks'

The UK's carbon pricing scheme helped drive a rise and fall in inflation in recent years, a senior figure at the Bank of England said, as it warned that climate risks have yet to be fully priced-in to markets.