News

MSCI ESG ratings downgrade "not enough", says Impact Cubed

An expected round of downgrades to the ESG ratings of more than a thousand European funds has been billed as "not enough" to accurately capture their sustainability credentials,...

Natural Capital Investment 2023 conference roundup

Environmental Finance's Natural Capital Investment 2023 conference returned to being in person this year as over 300 professionals met to discuss how nature and biodiversity are being integrated...

ASEAN taxonomy update details coal phase out

The ASEAN Taxonomy Board has included the early phase out of coal assets as a green or amber activity in the second version of its taxonomy - in what it claims is a first in any regional taxonomy.

Insurers' 'failed' climate engagement strategy draws new demands from campaigners

Insurers' climate engagement strategies are failing as major oil and gas producers show no sign of adopting credible net-zero pathways, according to climate campaigners.

Exclusive: Jupiter to close sustainable bond funds

Jupiter Asset Management (Jupiter AM) is to close its sustainable bond-focused funds as part of a substantial closure of smaller funds at the investment firm, a move which will also see Rhys Petheram leave the firm after 17 years.

Unclear reporting standards proving difficult for SMEs, says DBS

Unclear sustainability reporting standards are proving to be a difficulty for small and medium-sized enterprises (SMEs), and stunting their ability to demonstrate success to investors, says DBS.

Brookfield-led consortium to acquire Australian power generator

A consortium of Brookfield Renewable Partners, GIC, Temasek and MidOcean Energy, have agreed to acquire Australia's largest integrated power generator, Origin Energy, for AUD18.7 billion ($12.4 billion).

Australian investors call for energy transition authority

Bond investors 'now pricing in' oil and gas firm climate strategies

Fixed income investors have increasingly been pricing in the climate strategies of oil and gas firms following the energy crisis sparked by the Russian invasion of Ukraine, according to ABN Amro.

IIGCC engagement initiative 'is next chapter' after CA100+

The Institutional Investors Group on Climate Change (IIGCC) has launched an initiative to broaden investor engagement with corporates on climate change, beyond the largest companies covered by the Climate Action 100+ (CA100+) initiative.