Bond investors 'now pricing in' oil and gas firm climate strategies
Fixed income investors have increasingly been pricing in the climate strategies of oil and gas firms following the energy crisis sparked by the Russian invasion of Ukraine, according to ABN Amro.
IIGCC engagement initiative 'is next chapter' after CA100+
The Institutional Investors Group on Climate Change (IIGCC) has launched an initiative to broaden investor engagement with corporates on climate change, beyond the largest companies covered by the Climate Action 100+ (CA100+) initiative.
We need a safe space to disclose transition plans, says Aviva's Amanda Blanc
Aviva's chief executive Amanda Blanc has urged regulators to create a "safe environment" for insurers to publish their plans for how they will transition to net-zero emissions without fear of reprisals.
Sovereign SLBs are 'good hedge' against sustainability policy changes
Sovereign sustainability-linked bonds (SLBs) are effective hedging instruments for investors against sustainability policy shifts, according to the Anthropocene Fixed Income Institute (AFII).
GIIN launches agriculture impact benchmark
The Global Impact Investing Network (GIIN) has launched a benchmark to help investors measure the performance of their agricultural investments against peers and the UN's Sustainable Development Goals.
Storebrand: Investors should apply biodiversity exclusions 'much more'
Investors should be adopting the "precautionary principle" around investment exclusions on biodiversity grounds "much more", Storebrand told an Environmental Finance event
Forthcoming TNFD metrics would work in sustainability-linked instruments
Metrics to be published by the Taskforce on Nature-related Financial Disclosures (TNFD) next week should be usable in sustainability-linked instruments, which could speed-up TNFD adoption, a member of the initiative has told an Environmental Finance event
ECB says climate 'tilt' cut carbon intensity of bond purchases by 65%
The weighted average carbon intensity (WACI) of corporate bond purchases by the European Central Bank (ECB) was slashed by about 65%, following the introduction of a 'climate tilt' methodology to prioritise 'greener' issuers
US ESG pushback won't have staying power, says Breckinridge
The political pushback from some US states on ESG "won't have any staying power", with resistance likely to fade as states realise the imperative to invest for climate resilience, an analyst at Breckinridge Capital Advisors has said.
AllianzGI launches sustainability data product
Allianz Global Investors has launched a sustainability data product which it says will enable its investment teams to better navigate the "ever more challenging ESG data landscape".