Financial firms managing more than €12 trillion ($13.6 trillion) in assets have now signed the Finance for Biodiversity Pledge after nine new signatories joined the initiative, including Nordea Asset Management and Kempen.
A catastrophe bond believed to be the first to focus purely on humanitarian aspects has been admitted to The International Stock Exchange (TISE)'s sustainable segment.
Suggested minimum transparency requirements for the sustainable financial products of asset managers have been published by two Swiss financial organisations.
The UN-convened Net Zero Asset Owner Alliance (NZAOA) has urged development finance institutions (DFIs) to better use public-private finance partnerships...
Fresh details have emerged about a planned EU-wide corporate sustainability database, after the European Commission published legislative proposals.
Green bonds require "major" reforms as they are failing to support small companies and small projects,Green bonds require "major" reforms as they are failing to support small companies and small projects, non-profit 2° Investing Initiative (2DII) has said.
Capital requirements for banks and insurers could be amended to ensure their resilience against climate-related financial risk, NGO Finance Watch has suggested.
APRA has published its final guidance for financial firms for managing financial risks of climate change, including tightened recommendations around kick-starting climate scenario analysis and encouraging the adoption of climate-related targets.
A start-up that aims to make the Asian shrimp industry more sustainable has secured funding from three investors.