News

• 'Knowledge hub' offers help with TCFD recommendations

  01 May 2018

  The Task Force on Climate-related Financial Disclosures (TCFD), in partnership with the Climate Disclosure Standards Board (CDSB), has created an online platform to host a range of tools and information intended to help organisations implement its recommendations.

• EU carbon market weekly update - 30 April 2018

  01 May 2018

  The end of compliance buying takes away a key pillar of support for EU carbon prices, but does not necessarily mean a correction is in store, says Louis Redshaw.

• Germany's KGAL attracts €382m into latest renewables fund

  01 May 2018

  German investment manager KGAL has secured €382 million ($460 million) by the second close of its fourth Enhanced Sustainable Power Fund (ESPF 4).

• Sustainalytics helps Morningstar assess carbon risk in 30,000 funds

  01 May 2018

  Investment research firm Morningstar has launched its Portfolio Carbon Risk Score, based on Sustainalytics’ Carbon Risk Ratings, to provide an asset-weighted carbon-risk score of the holdings in a portfolio.

• Lithuania issues first sovereign green bond from Baltics

  30 April 2018

  Lithuania has become the first country in the Baltic region to issue a sovereign green bond. A €20 million ($25 million), 10-year green bond settled today that will be listed on the Nasdaq Baltic Bond List.

• Axa calculates climate risk for asset portfolio

  30 April 2018

  Axa Group has calculated the potential value at risk (VaR) in its asset portfolio due to climate change, in a ground-breaking piece of analysis for an insurance company.

• UN body plans TCFD-style guidelines for insurance regulators

  30 April 2018

  The Principles for Sustainable Insurance (PSI) initiative is aiming to launch guidelines for insurance regulators that are similar to those for companies and investors issued by the Financial Stability Board's (FSB) Task Force on Climate-related Financial Disclosures (TCFD).

• Swedish pension investment helps $250m impact fund smash target

  30 April 2018

  An impact fund investing in emerging market loans has smashed through its target and raised $250 million at first close, helped by an initial $100 million investment from pension provider Alecta.

• FRR invites proposals to manage €1.7bn ESG mandates

  30 April 2018

  France’s Fonds de Réserve pour les Retraites (FRR) has called for submissions to manage two environmental, social and governance (ESG)-themed portfolios worth a combined €1.7 billion ($2 billion).

• Guernsey eyes role as green finance centre

  30 April 2018

  The island of Guernsey, an offshore financial centre in the English Channel, is consulting on proposed rules to label certain funds registered in the territory as 'green'.