News

A Labour government the best outcome for UK climate finance, says investor

A win for Keir Starmer's Labour Party in next week's UK General Election would be the best outcome for driving climate finance, a growth investor has claimed.

Loan round-up: CDL, RWE ... and more

TransitionArc launched to 'supercharge' transition plan analysis

CDP, Transition Pathway Initiative (TPI) and the Science Based Targets initiative (SBTi) have collaborated with Climate Arc to launch a "one-stop tool to assess corporate transitions" that a senior executive said would "supercharge" such analysis.

Global Canopy to assess companies on deforestation action

Global Canopy has announced plans to assess companies on their level of progress towards eliminating progress, in a bid to improve investor engagement.

Belgian regulator hopes SFDR review leads to labelling scheme

A senior figure at Belgium's financial regulator said she hopes the EU's fund disclosure rules are reimagined as a labelling scheme.

ECB to set decarbonisation targets for corporate bond portfolios

The European Central Bank (ECB) will target near-term greenhouse gas emissions reductions in its corporate bond portfolio for the first time and will consider 'remedial actions' if these diverge from a strict decarbonisation trajectory.

Bond round-up: JFK International, Pirelli, Iceland ... and more

Jurisdictional REDD+ credits to see growth, despite wider challenges, says EDF

The Environmental Defense Fund (EDF) has predicted jurisdictional REDD+ credits will see price increases, as buyers become increasingly willing to "pay a premium" over conventional REDD+ credits.

LGIM to partially divest from Glencore over coal plans

Legal & General Investment Management (LGIM) has said it will divest from Glencore over the mining company's plans to expand its production of thermal coal.

$15trn of investors back PRI's deforestation engagement initiative

Investors including UBS and APG have joined the Principles for Responsible Investment's (PRI) newly launched nature engagement initiative, SPRING, which will target 40 companies globally on their deforestation lobbying activities.