News

NZBA members recommit to climate goals as key vote looms

Several members of the Net-Zero Baking Alliance (NZBA) have reiterated their commitment to achieving their net-zero goals ahead of a key vote on its future.

Future Planet Capital considering second ocean fund

UK impact-led venture capital firm Future Planet Capital is eyeing-up a successor fund to its blue economy strategy, Environmental Finance has learned.

Sustainalytics no longer biggest SPO provider, after S&P and Moody's surge

S&P Global and Moody's were the two largest sustainable finance framework second-party opinion (SPO) providers in the first half of 2025 after they strengthened their share at the expense of long-standing market leader Morningstar Sustainalytics.

People Moves, 29 August: CalSTRS, BlackRock, Big Issue Invest ... and more

Data gaps not to blame for variation in financed emissions, says BoE blog

High variation in banks' reporting of their 'financed emissions' tends to stem from the boundaries banks set for assessing this type of emissions - and not a lack of quality data, according to a blog by a climate risk manager at the Bank of England.

RIAA warns against 'overly prescriptive' sustainable labels

The Responsible Investment Association of Australasia (RIAA) has warned of serious risks posed by "overly rigid" sustainable investment product labels, as a government consultation closes.

PRI sovereign engagement initiative 'could help Australian COP31'

A pioneering climate investor engagement initiative targeting policymakers could "help inform Australian authorities in their preparations" as the country bids to host the COP31 UN climate conference, the Principles for Responsible Investment (PRI) said.

Most carbon projects not currently insurable, says CFC

Specialist insurance provider CFC has told Environmental Finance that the majority of carbon credit projects are not currently insurable, but coverage is expected to grow as a pre-requisite for financing.

Only four bonds currently meet 'nature bond' guidance, says Sustainable Fitch

Only four green, social and sustainability (GSS) bonds would currently meet the guidelines laid out by the International Capital Market Association (ICMA) for a nature bond.

Austria raises CHF140m from Swiss franc green bond tap

Austria has raised CHF140 million ($174 million) from a tap of its existing 15-year Swiss franc-denominated green bond - as it responded to demand from bank treasuries.