News

West Yorkshire Pension Fund open to Shell escalation

West Yorkshire Pension Fund (WYPF) is keeping an "open mind" on whether to escalate its engagement with Shell, after backing a resolution on its transition away from oil and gas.

Macquarie faces shareholder revolt over 'climate back-peddling'

Australia's Macquarie Group faces questions from shareholders about whether its lending and investment activities are aligned with Paris Agreement goals, after accusations of 'back-peddling' of its climate commitments.

Sustainable debt round-up: IBRD, Ireland, Hong Kong ... and more

'Electrotech' biggest energy transition market mispricing - BlackRock

Electrical technology infrastructure including transformers, battery storage and metals for cables represents the biggest market mispricing linked to the energy transition, a senior figure at BlackRock told Environmental Finance.

China confirms second RMB6bn sovereign green bond plan

The Chinese government is planning to raise up to RMB6 billion ($882 million) from their second green bond next week, with the planned use-of-proceeds closely watched after the sovereign floated the idea of a debut 'biodiversity bond' earlier this year.

Australia prices A$7.5bn green bond

The Australian Office of Financial Management (AOFM) has priced a A$7.5 billion (US$5.3 billion) 10-year Green Treasury Bond.

Deforestation risk roadmap launched

A tool has been launched to help investors identify deforestation, ecosystem conversion and human rights risks across investment and lending portfolios.

Investors may not replace 2030 targets, says Nordea AM

As 2030 approaches, many asset managers and owners may not replace their near-term sustainability targets, as they focus instead on longer-term goals, according to Nordea Asset Management.

Impax AUM fall as it updates on Impax Environmental Markets

Impax Asset Management's assets under management fell by £3.8 billion ($5.1 billion) during the first three months of the year, driven by outflows from institutional investors.

Singapore reviewing expansion of taxonomy

The Monetary Authority of Singapore (MAS) is carrying out a sectoral review of its taxonomy, with a view to expanding its transition definitions.