ESG

Decline of Article 9 funds nearing end and Article 8 continues to soar, Barclays finds

The decline of funds classified as Article 9 under the EU's Sustainable Finance Disclosure Regulation (SFDR) is set to reverse, Barclays has claimed.

Mirova to question companies on biodiversity commitments ahead of AGMs

MDBs set to increase GSSS commitments, Sustainable Fitch claims

European Parliament votes to 'break down' composite ESG ratings

The European Parliament has given the go-ahead to 'world first' regulation on ESG ratings, which encourages an end to the use of aggregate ratings that give an overall sustainability score.

'Dividing line' between transition and business strategies is fading fast

The convergence of climate transition and financial business strategies is becoming more prominent and is helping drive greater sophistication in transition planning by issuers, sustainable finance experts told an Environmental Finance event.

EU looks to UK, US policies, with no clear way forward for SFDR

The European Commission is monitoring developments such as anti-greenwashing rules and sustainability labelling schemes in the US and UK as it mulls how it can improve the Sustainable Finance Disclosure Regulation (SFDR).

LGIM to sharpen nature voting focus for 2024 AGM season

Legal & General Investment Management (LGIM) voted against 100 companies for failing to meet deforestation expectations last year, as it vows to introduce stricter policies on nature in 2024.

Morningstar Sustainalytics President joins Glass Lewis as CEO

Bob Mann, former president of Morningstar Sustainalytics, has joined voting advisor Glass Lewis as its chief executive officer.

BlackRock and Temasek's Decarbonization Partners closes debut fund at $1.4bn

Decarbonization Partners - a joint-venture between BlackRock and Temasek - has closed its first fund, a late-stage venture capital and growth private equity vehicle, at $1.4 billion.

Nature data firm raises $12m in Series A funding round

Stafford to assist private equity firms with portfolio decarbonisation strategies

Enel SLB target miss 'unlikely' to trigger forced selling, says Barclays

Sustainable investors are unlikely to be forced to sell Enel sustainability-linked bonds (SLBs) after the Italian energy infrastructure firm missed a coupon-impacting target - due to the positive context in which it occurred, according to Barclays.

LGIM launches energy transition ETF

Enel SLB target miss 'very significant event' for market

The missed target tied to more than $10 billion worth of sustainability-linked bonds from Italian energy firm Enel has been described as showing the "value" of the performance-based instrument,...