News

EU’s TEG reveals how taxonomy will work in practice

Members of the EU’s Technical Expert Group on Sustainable Finance (TEG) have revealed how its taxonomy will work in practice.

People Moves: Natixis, Wells Fargo Asset Management, Schroders, PIMCO, Truvalue Labs, MSCI, SASB, Boston Trust and Walden, ANZ and Swiss Association for Responsible Investment

Harald Walkate has been appointed as Natixis Investment Managers' first head of corporate social responsibility (CSR) and ESG.

Oil & gas companies 'jeopardise shareholder returns by rewarding executives for chasing growth'

Shareholder returns are at risk from remuneration schemes that incentivise executives at oil and gas companies to chase volume growth, a report argues.

Green bond round-up: Verizon; Advanced Soltech; Klovern; NY Dormitory Authority

US telecommunications giant Verizon has raised $1 billion from its first green bond.

European investors 'oversleep watershed moment formed by Shareholder Directive', finds survey

European investors are poorly informed and unprepared for the "watershed moment" the new Shareholder Directive creates, a survey has found.

Short-sellers 'to target weak oil & gas firms' in 2019

Short-sellers could start targeting the weakest oil and gas firms in 2019, as their business models come under pressure from increasingly competitive renewables.

Southeast Asian banks targeted in BMO's 2019 engagement plan

BMO will target Southeast Asian banks for its engagements in 2019, in a move that sees a bigger role for the finance sector in combatting climate change.

IHS Markit offers ESG tool for private equity investors

Data and analytics company IHS Markit has developed a service to provide environmental, social and governance (ESG) information specifically for private equity (PE) firms, their investors and their portfolio companies.

EU Weekly Carbon Update, 11 February

Align with low-carbon transition to avoid 'negative credit consequences', S&P's Trucost warns big emitters

Companies in high-emitting sectors can take action to align themselves with the low-carbon transition to avoid 'negative credit consequences', S&P's Trucost said.