News

Biodiversity among top stewardship targets for AXA IM

AXA Investment Managers (AXA IM) has revealed that biodiversity and natural capital were among its top areas for engagement last year, narrowly behind climate change.

ESMA recommends cutbacks to ESG disclosures for benchmarks

Sustainability-related disclosures by providers of investment benchmarks should be cut to "reduce burden for administrators", the European Securities and Markets Authority (ESMA) has said.

Sustainable debt round-up: Nordea, SNCF, EIB ... and more

Hostile environment in US for ESG sees 'sharp drop' in shareholder resolutions

A hostile political environment for sustainable investment in the US has led to a "sharp drop" in resolutions filed ahead of this year's annual shareholder meetings, according to non-profit As You Sow.

Commercial Bank of Ceylon plans LKR15bn green bond 'Tier 2' debut

The Commercial Bank of Ceylon (ComBank) is planning to raise up to LKR15 billion ($50 million) from its inaugural green bond, believed to be only the third sustainable bond issuance in the country and the first issued as a 'Tier 2' bond.

Biodiversity credits a 'greenwashing risk', says former PRI exec

Difficulties around measuring impact mean biodiversity credits could pose a greenwashing risk, a former executive leader at the Principles of Responsible Investment has warned.

'Investors need to question' oil & gas companies on weakened climate targets

Long-standing KommuneKredit green bond programme comes to end

Danish municipality funding agency KommuneKredit has confirmed it will no longer issue green bonds to finance its significant green loan programme,...

'Squeeze more juice out of the orange' for blended finance, urges Convergence

Governments must allocate public financing 'sparingly' for blended finance vehicles and transactions, following deep cuts to development aid globally, Convergence Blended Finance has urged.

Defence allocations within impact are already here, says Trill Impact

Institutional investors are beginning to allocate more of their portfolios towards defence-focused strategies and holdings, an impact investor has claimed.