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Leave taxonomies to the private sector, says Impax
18 October 2018The task of writing taxonomies for sustainable finance is best left to the private sector, according to Impax Asset Management.
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Should the TCFD be mandatory? Not yet, say investors
17 October 2018A panel at Environmental Finance's Green Equities conference was asked whether reporting in line with the recommendations of the Task Force of Climate-related Financial Disclosures (TCFD) should be made mandatory.
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Comment: Regulators are pushing investors on climate
17 October 2018The increasing attention of regulators bodes well for green finance, says Peter Cripps
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Investors agree with BP - scenario analysis can be confusing!
17 October 2018Climate scenario analysis - as recommended by the Task Force on Climate-related Financial Disclosures (TCFD) - can be "infinitely confusing", Environmental Finance's Green Equities conference heard.
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FCA mulls mandatory climate disclosure for financial firms
15 October 2018Financial services firms could be required to report how they manage climate risks, the UK's Financial Conduct Authority (FCA) suggested in a discussion paper.
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PRA 'expects' banks and insurers to report climate risks
15 October 2018Insurers and banks are to be expected to manage and report their climate-related risks, according to a draft supervisory statement from the UK's Prudential Regulation Authority (PRA).
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BP CEO sparks row as he attacks scenario planning and divestment
12 October 2018BP chief executive Bob Dudley attacked scenario analysis as "increasingly unhelpful" and "confusing for investors", while also criticising the fossil fuel divestment movement.
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Insurers 'will not be allowed to walk away' from areas hit by climate change
11 October 2018Politicians "will eat insurers' lunch" if they try to walk away from insuring areas that suffer the adverse impacts of climate change, a regulator has warned.
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Ireland hopes to raise up to €4bn via its maiden green bond
10 October 2018Ireland is hoping to raise between €3 billion and €4 billion in its inaugural green bond issuance, which began to be marketed to investors today, Environmental Finance understands.
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Energy storage yieldco plans to raise £200m
05 October 2018The first yieldco focused exclusively on energy storage plans to raise £200 million ($260 million) by floating on the London market.