News

Franklin Templeton's Martin Currie launches social impact fund

Martin Currie, a Franklin Templeton investment management firm, has launched a social impact fund focusing on well-being, inclusion and the just transition

UK ETS cap lowered and scheme extended to new sectors

The UK government has announced that it has lowered the carbon emissions cap for existing sectors covered by its emissions trading scheme (ETS), whilst also extending it to cover the domestic maritime transport and waste sectors.

Vancity: Costco 'expected' to be targeted by NA100

Costco Wholesale is "expected" to be one of the companies targeted by the Nature Action 100 (NA100), Vancity Investment Management (VCIM) has said.

EU banks devising guide to overcome struggles with ESG regulation

Eurozone banks wrestling with their reporting requirements under EU regulation are together writing guidance on disclosing their climate-related physical risks.

Chile enhances its SLBs in latest issue, and promises more to come

The return of Chile to the sustainability-linked bond (SLB) market has been praised for the addition of a more diverse target mix - becoming the first sovereign SLB issuer to include a gender target.

Sustainable Fitch launches oil & gas transition assessment

Sustainable Fitch has launched a transition assessment tool for oil and gas companies, to "provide greater visibility on targets, commitments and actions to date".

VCMI carbon credit claims 'cannot be used for offsetting'

Carbon credits cannot be used for offsetting emissions instead of reducing emissions within corporate value chains, or for making 'carbon neutral' claims, under the Voluntary Carbon Markets Integrity Initiative (VCMI)'s Claims Code.

Mexico preparing first fixed-rate peso sustainability bond

Mexico is planning to raise up to $1 billion from its first fixed-rate Mexican peso-denominated sustainability bond, according to a senior government minister.

People moves, 30 June: Axa IM Alts, Federated Hermes, Howden and more...

Algebris launches €20m sustainable bond fund

Algebris Investments has launched a €20 million ($22 million) "issuer-focused" sustainable bond strategy, which is claimed to be Article 9-aligned under the EU Sustainable Finance Disclosure Regulation.