Archive

ECB adds nature-related risk reference for first time in monetary policy strategy

The European Central Bank (ECB) has identified nature degradation alongside climate risk for the first time in its monetary policy strategy, signalling that it is a topic it is monitoring for impacts on price stability in the Eurozone.

UK pension fund to invest £25m in upcoming nature 'infra' fund

The West Yorkshire Pension Fund (WYPF) has committed £25 million ($34 million) into a cornerstone portfolio of Rebalance Earth's upcoming nature-based 'infrastructure' fund.

TNFD, KPMG, UNDP launch nature insurance programme

Make mine a double! The sustainability reporting materiality debate

The UK should seek a 'double materiality' reporting approach, writes Sarah Wilkin

Fossil fuel underwriting curbs are effective but implementation is patchy, study shows

"We need net-zero commitments to cover your underwriting portfolios, and this should include coal and all fossil fuels," UN Secretary-General António Guterres told insurers in 2021.

Nobody will fight hard to save 'ESG', says Morningstar

Asset owners will move on to other ways to label their ESG investments, although they will have learned of the issues that another all-inclusive term could bring, according to Morningstar.

Oxygen Conservation aims for £1bn natural capital portfolio

Private equity-backed nature restoration investor Oxygen Conservation plans to grow its natural capital portfolio to £1 billion ($1.4 billion) to create a viable and investable market in the UK.

Manulife: 'We are watching the interesting SLLB instrument closely'

The nascent Sustainability-Linked Loan Bond (SLLB) market is being watched closely by Manulife Investment Management (Manulife IM) as an "interesting" way to accelerate sustainable lending...

Trump bill's clean energy cuts would 'freeze investment' in US industry, Ceres says

'Several vulnerabilities' in financial institutions' sustainability reports, ESMA finds

Analysis of investment fund managers' compliance with EU sustainability rules including the Sustainable Finance Disclosure Regulation (SFDR) found "several vulnerabilities" in reporting, according to supervisors.