News

• 'Investors must stop double counting impact credentials'

  01 April 2025

  Phenix Capital Group has called on impact investors to stop 'double counting' impact claims,...

• BlackRock's Fink omits 'climate change' from annual letter

  01 April 2025

  BlackRock CEO Larry Fink made no explicit reference to 'climate change' or diversity, equity and inclusion in the latest annual letter to shareholders - marking a big shift compared with his public messaging in past years.

• Canadian climate agency moves CAD20m to 'high-impact' bond funds

  01 April 2025

  The Atmospheric Fund (TAF) has moved CAD20 million ($14 million) of its endowment from a major Canadian bank to two "high-impact" investment funds, including a Canada-focused green bond fund.

• 'Innovative' Cambodian green project bond issued

  01 April 2025

  A Cambodian renewable energy developer has signed a KHR200 billion ($50 million) green project bond, in a deal hailed as a "significant milestone" for sustainable bonds...

• Rathbones adopts SDR label for two funds days before FCA's deadline

  31 March 2025

  Rathbones Asset Management has adopted the 'Sustainability Focus' label for two of its funds, under the UK Financial Conduct Authority's SDR regime.

• EU issues 'urgent' request for advice on CSRD cutbacks

  31 March 2025

  The EU Commission has written to the bloc's financial reporting standard-setting body, requesting urgent "advice" on how to make the Corporate Sustainability Reporting Directive (CSRD) less onerous for companies.

• Meta, Climate Asset Management secure million-tonne forest carbon deal

  31 March 2025

  An investor consortium including Climate Asset Management has acquired a 68,000-acre US timberland asset, with Meta agreeing to purchase over 670,000 carbon credits from the site.

• Indian muni issuers still 'missing green bond potential'

  28 March 2025

  Indian municipal issuers are still missing the opportunity to issue green bonds with only a "small" proportion of the debt raised for potentially green-eligible projects being labelled as such,...

• Axa IM 'downgrades' and 'may reduce exposure to' companies that weakened climate targets

  28 March 2025

  European fund management giant Axa Investment Managers has "downgraded" companies that weakened their decarbonisation targets and is considering selling some of its holdings in these companies due to perceived increased risk, a sustainability head said.

• SEC ends defence of climate rule in 'backward step for investors'

  28 March 2025

  The Securities and Exchange Commission (SEC) has ended defence of its own climate disclosure rule, signalling a major blow to hopes it could be saved from legal challenges.