News

Climate adaptation work at COP28 can learn from biodiversity, Morningstar says

With a growing focus on climate adaptation expected at COP28, there are lessons to be learnt from assessing the inherently local nature of impacts and dependencies on biodiversity, Morningstar has said.

Japanese transition bonds could help refine concept of transition finance, says Axa IM

Japan's planned mammoth transition bond issuance programme could help fixed income markets "refine" what should be considered a credible 'transition' investment, according to an investment analyst at Axa Investment Managers.

EF revamps its Environmental Market Rankings

In response to market feedback, Environmental Finance is pleased to announce its Annual Market Rankings will now be renamed the Environmental Market Rankings.

South Pole founding CEO steps down following controversy

South Pole has announced its long-serving CEO, Renat Heuberger, is stepping down with immediate effect, following criticism over its involvement in a Zimbabwean project.

People moves 10 November including USS, Nuveen, MUFG, Natixis IM, and more

Moody's launches corporate net-zero assessment scores

Moody's Investors Service has published a framework for its net-zero assessments (NZAs) for corporates, which scores their contribution to global climate goals.

Ditching governance reforms 'will diminish attractiveness of UK companies', warns pension fund

The UK regulator's move to ditch reforms to require more sustainability reporting by company board and audit committees will make UK companies less attractive to investors, a senior executive at one of the country's largest pension funds has said.

Phoenix Group: Time for the UK government to form its own transition plan

The UK government would help to catalyse investment in climate solutions if it produced its own transition plan, Phoenix Group has argued.

Gresham House closes £450m BSIF II fund

Gresham House has raised £450 million ($553 million) for its British Sustainable Infrastructure Fund II (BSIF II), a fund backed by eight UK local government pension schemes (LGPS).

COP28 cannot 'succumb to doomism' on 1.5°C

COP28 must not "succumb to doomism" on the 1.5°C target and risk losing much-needed ambition, Morningstar has warned.