News

BlackRock and Temasek's Decarbonization Partners closes debut fund at $1.4bn

Decarbonization Partners - a joint-venture between BlackRock and Temasek - has closed its first fund, a late-stage venture capital and growth private equity vehicle, at $1.4 billion.

Investors 'can help turn the tide on England's sewage crisis'

England is facing is a "watershed" moment in tackling its water pollution crisis, Redwheel said, urging investors to look for investment opportunities.

Allianz GI 'could develop products on biodiversity this year

Allianz Global Investors said biodiversity will take centre stage in 2024, and its growing focus on the theme could result in new product development.

Enel SLB target miss 'unlikely' to trigger forced selling, says Barclays

Sustainable investors are unlikely to be forced to sell Enel sustainability-linked bonds (SLBs) after the Italian energy infrastructure firm missed a coupon-impacting target - due to the positive context in which it occurred, according to Barclays.

UN kills off NZIA and launches multi-stakeholder forum for net zero

The UN Environment Programme (UNEP) has discontinued the Net-Zero Insurance Alliance (NZIA), which suffered an exodus of most of its members in spring 2023 due to antitrust risks.

Nature risks bigger threat to the economy than Global Financial Crisis, warns GFI

Nature risks could cause more damage to the UK economy than the Global Financial Crisis, the Green Finance Institute has said, warning that large UK financial institutions are also not doing enough to mitigate the risks in their portfolio.

Nature Action 100 publishes company benchmark design

Nature Action 100 (NA100) has published the indicators that will be used within its benchmark to assess company progress.

TNFD unlikely to be major issue in proxy season, says Morningstar

Companies are unlikely to face many calls to disclose in line with the Taskforce on Nature-related Financial Disclosures (TNFD) during this year's proxy season, according to Morningstar's Lindsey Stewart.

AllianzGI to support two major biodiversity resolutions

Allianz Global Investors has announced it will support two resolutions urging PepsiCo and Home Depot to assess their biodiversity impacts.

Bond round-up: Equitable Bank, Scotiabank, KBN ... and more