News

'Better explanation of taxonomy differences could drive cross-border investment'

Improved descriptions of why there is difference between different sustainable finance taxonomies could supporting cross-border investment at a time when these 'green lists' are necessarily proliferating, ...

Treat emerging market sovereigns differently in transition investments - BlackRock

BlackRock uses a different scale for assessing progress in the climate transition of emerging market sovereigns than for developed market peers for its transition debt strategies, it said.

ING replaces DZ Bank on Principles ExCom

ING has replaced DZ Bank on the Executive Committee (ExCom) of the Principles, which lay out best practices for the sustainable bond market.

Singaporean banks carry out nature-risk study

Some of Singapore's largest banks and the Monetary Authority of Singapore have launched an initiative to better understand the financial implications of nature-related risk.

Rathbones secures SDR labels for £566m sustainable multi-asset range

Rathbones Asset Management has adopted the Sustainability Focus label for its £566.1 million ($775 million) sustainable multi-asset funds under the UK's Sustainability Disclosure Requirements (SDR).

Lack of reliable data hindering investment in the Global South, says AXA

A lack of reliable data is preventing asset managers from committing to sustainable investing in the developing markets, AXA has said.

Insurers 'must embrace cat bonds to help agricultural resilience'

European insurers have been urged to adopt financial mechanisms such as catastrophe bonds to help "share" the climate risk facing the agricultural sector.

People Moves, 27 June: Cbus Super Fund, Osmosis, BII, Revaia

TNFD to release investment manager guidance

The Taskforce on Nature-related Financial Disclosures (TNFD) is to release guidance for investment managers later this year, to help them "ask better questions on nature".

Defence 'likely' to be ineligible for sustainable bonds, says ICMA Principles

The Principles have said that defence projects are "likely" to be ineligible to be financed by sustainable bonds.