Archive

100 largest ESG funds beat benchmark by 1% in 2022, Opimas says

The world's 100 largest environmental, social and governance (ESG)-themed funds outperformed their benchmark indexes by an "impressive" average of 1.1% over 12 months, according to research by Opimas.

HSBC pledges to stop financing new oil and gas

HSBC has announced it will not finance any new oil and gas fields, in a move a pressure group said sends a strong signal to other banks to follow.

Bond round-up: Deutsche Pfandbriefbank, SMBC, Banco Internacional Ecuador... and more

EU taxonomy dominates in Asia-Pacific, survey reveals

Navigating net zero

Investors have a key role to play if the economy is to transition to net zero emissions by 2050. But how can they assess the credibility of transition strategies, asks Peter Cripps

Pension funds could lose €255bn in disorderly transition, first climate stress test reveals

European pension funds could lose up to €255 billion ($272 billion) of assets in a sudden, 'disorderly' transition to a net zero economy because of their exposure to carbon intensive industries, the first climate stress test of the sector has revealed.

COP15: Schroders to file environmental resolutions 'more frequently'

Asset manager Schroders will file resolutions at companies related to sustainability more often in the coming years, an executive has said.

COP15: $24trn investor group calls for agreement on Global Biodiversity Framework

150 financial institutions representing over $24 trillion in assets under management have called on countries to adopt a post-2020 Global Biodiversity Framework at the UN Biodiversity Conference (COP15).

IIX raises $50m with 'world first' green & orange bond

The Impact Investment Exchange (IIX) has raised $50 million with what it said is the first 'green and orange' bond, with proceeds targeted to empower women to advance climate action.

Climate Asset Management raises $650m for natural capital funds

Climate Asset Management (CAM), the joint venture between HSBC and Pollination, has raised $650 million for its two natural capital funds.