News

'TISFD framework could face same double-materiality challenges as TNFD'

The knotty problem of 'double materiality' could prevent the creation of a standard for social data, according to one data provider.

'Transition finance itself is transitioning'

The rapidly evolving geopolitical and socioeconomic landscape is forcing transition finance to reinvent itself, but could also provide a tailwind for the investment theme.

'Landmark' second Chinese sovereign green bond 10-times oversubscribed

The Chinese government has raised RMB6 billion ($885 million) from its second green bond, with the dual-tranche deal attracting an orderbook in excess of RMB62 billion.

SEC cites EU, ISSB 'challenges' among reasons for revoking climate rules

The US Securities and Exchange Commission (SEC) cited "challenges faced by other climate-risk reporting regimes" including in the EU's among reasons for proposing to revoke in full its own rules.

EU banks call for cuts to ESG rules to 'level playing field' with US

Complex ESG-related EU banking rules impede financing for the energy transition and disadvantage domestic institutions relative to their US peers, European banks said as they called for cuts to regulation.

Extreme heat 'emerging as a structural economic risk', warns Allianz

Extreme heat has the potential to hit up to 7% of GDP in major European economies by 2030, and is likely to "compress" expected returns on capital and the value of investments, according to modelling by Allianz.

Zurich looks to invest another £25m in UK nature projects

Zurich Insurance Group is exploring how to invest a further £25 million ($33 million) in nature opportunities in the UK, after committing the same amount to a government-backed fund.

Lloyds provides £500m sustainability-linked loan to retrofit UK universities

Van Lanschot Kempen to strengthen biodiversity action

Van Lanschot Kempen Investment Management has revealed that it plans to ramp up its biodiversity-related activities, including further assessments and engagement with portfolio companies.

Momentum behind battery storage powering CIP into new markets

Accelerating momentum behind the adoption of battery storage technology has spurred Copenhagen Infrastructure Partners (CIP) to invest in an array of markets beyond its first in the UK, it said.