Archive

UKSIF pitches taskforce to study how ISSB can reduce pensions reporting burden

Regulators should sponsor an industry group to study how the sustainability-related "reporting burden" on UK pension schemes can be reduced in the transition to International Sustainability Board Standards (ISSB) reporting, an investor group said.

Hostile environment in US for ESG sees 'sharp drop' in shareholder resolutions

A hostile political environment for sustainable investment in the US has led to a "sharp drop" in resolutions filed ahead of this year's annual shareholder meetings, according to non-profit As You Sow.

'Investors need to question' oil & gas companies on weakened climate targets

Slower approach to transition loan guidelines could prevent greenwashing, conference hears

The Loan Market Association said it is working with members, regulators and other market participants to put transition loan guidance in place although it may take some time, amid growing calls for clear and credible definitions for 'transition' activities, an Environmental Finance conference heard.

No need for transition label yet, say investors

There is currently no need for a transition label for sustainable bonds, but standardisation may be needed later down the line, investors told an Environmental Finance conference.

Aegon AM 'hesitant' to endorse sovereign SLBs

Aegon Asset Management is "hesitant" to give a blanket endorsement to sustainability-linked bonds (SLBs), an Environmental Finance conference heard, alongside fears issuers may underestimate the work required.

A principles-based approach would help grow transition loan market, conference hears

A principles-based approach to defining 'transition' activities could help to grow the transition loan market, attendees at an Environmental Finance conference heard, due to the difficulties of establishing a taxonomy across different jurisdictions.

Axa IM 'downgrades' and 'may reduce exposure to' companies that weakened climate targets

European fund management giant Axa Investment Managers has "downgraded" companies that weakened their decarbonisation targets and is considering selling some of its holdings in these companies due to perceived increased risk, a sustainability head said.

Cambridge Associates shifts sustainability focus to climate risk planning

Global investment consultancy Cambridge Associates is prioritising climate risk assessments throughout its portfolio as a "number one priority" for the remainder of the year.

National Wealth Fund must bridge UK transition financing gap, says Phoenix

The UK's National Wealth Fund needs to bridge the financing gap between transition-focused local infrastructure projects and institutional investors, one of the UK's biggest pension providers has argued.