Peter Damgaard Jensen has been appointed as co-organizer of the newly founded Global Commission on Adaptation. Damgaard Jensen also acts as CEO of Danish pension scheme PKA and chair of the Institutional Investors Group on Climate Change (IIGCC), an investor association taking action to support a low-carbon future.
Private equity firms will struggle to implement the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) across their many portfolio companies, a lawyer has predicted.
Plans to reform definitions of investors' duties are the most important part of the European Commission’s Sustainable Finance Action Plan, Environmental Finance’s Green Equities conference heard.
A working group to improve company reporting of information related to climate change is to be established by the UK’s Financial Reporting Council (FRC).
Efforts to clarify investors’ fiduciary duty with regards to environmental, social and governance (ESG) factors in regulation are misplaced and could “unnecessarily box investors in”, according to law firm Baker McKenzie.
The task of writing taxonomies for sustainable finance is best left to the private sector, according to Impax Asset Management.
Sustainable food technology is a significant investment opportunity, said investors on a private equity panel of Environmental Finance’s Green Equities conference.
German commercial bank Berlin Hyp has raised €500 million ($578 million) from its third green Pfandbrief. This takes the total green debt issued by the bank to €3 billion.
ScottishPower has become the first integrated energy company in the UK to shift completely from coal and gas generation to wind power, after completing the sale of its traditional generation business to power company Drax for £702 million ($922 million).
A panel at Environmental Finance’s Green Equities conference was asked whether reporting in line with the recommendations of the Task Force of Climate-related Financial Disclosures (TCFD) should be made mandatory.