EU climate benchmark funds hit €58bn in assets
Funds managing assets in compliance with EU climate benchmarks have hit about €58.3 billion ($63 billion), according to estimates by the European Commission.
Schroders launches carbon-offset tranche of climate fund
Schroders has started to offer investors a way of offsetting the carbon emissions associated with one of its climate-themed funds.
KKR Impact buys data centre cooling firm CoolIT
KKR's Impact strategy has agreed to buy data centre cooling company CoolIT, in a deal expected to close in the second quarter of this year for an unspecified sum.
LGIM 'to vote against 100 companies on deforestation'
Legal and General Investment Management (LGIM) expects to vote against the chairs of 100 companies for not having deforestation policies this year, an executive has said.
Riksbank warns of financial stability risks from 2.8°C-aligned funds
The holdings in 122 listed equities mutual funds in Sweden are, on average, aligned with a temperature increase of 2.77°C, according to analysis by the country's central bank.
Climate-linked executive pay-outs 'fundamentally flawed'
Current attempts to link executive pay to climate change targets are "fundamentally flawed" and investors should look to encourage a move away from their use, according to investment advisory firm Pensions & Investment Research Consultants (PIRC).
Final days to apply for EF's Sustainable Investment Awards
Entries to Environmental Finance's annual Sustainable Investment Awards are open until 14 April 2023, which means this week is the last chance to apply.
Slovenian central bank boosts sustainable investment plans
Banka Slovenije plans to increase its investments in green, social and sustainability bonds to €400 million ($433 million) by the end of 2025 and reduce the carbon footprint of its private sector investments.
'Strong ESG rating helps' Africa's biggest renewables deal
The process of securing Africa's biggest renewable energy deal was smoothed by the company being acquired having an outstanding ESG rating, it was claimed.
EF's Sustainable Investment Awards open for entries
Entries to Environmental Finance's annual Sustainable Investment Awards are open until 14 April 2023.