News

'Sharp emissions reversal' needed to meet 1.5°C, warns Lombard Odier

A "sharp reversal in current trends" is needed, if the 1.5°C global temperature increase limit is to be met, Lombard Odier has warned.

Combating inflation best way to support green investments, ECB says

The European Central Bank (ECB) has scotched a suggestion that it could introduce measures to insulate climate-themed investments from inflation, as it said ensuring price stability over the medium term is the best way to ensure inflation does not impair the energy transition.

'Strong ESG rating helps' Africa's biggest renewables deal

The process of securing Africa's biggest renewable energy deal was smoothed by the company being acquired having an outstanding ESG rating, it was claimed.

CDP: Finance industry must limit water risk 'blind spots'

More financial institutions need to assess their water risks to help reduce their risk "blind spots", with banks leading the way so far, disclosures platform CDP said.

PBAF seeks to nip biodiversity materiality struggles in the bud

The Partnership for Biodiversity Accounting Financials (PBAF) is prioritising helping financial institutions overcome their struggles to assess biodiversity materiality, the organisation has said.

EU's riposte to US green subsidies greeted with cautious praise

An initiative by the European Commission designed to secure its domestic supply chains for green technologies has been greeted with cautious praise by industry representatives.

TCFD 'implementation gaps' mar PRI reporting

Investment managers need to more robustly implement the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), the Principles for Responsible Investment (PRI) has said.

Franklin Templeton bullish on sustainable ETF prospects

Franklin Templeton reported strong interest in sustainability-focused exchange traded funds (ETFs), as it launched its latest Paris-aligned fund, covering emerging markets.

People moves 17 March: Aviva Investors, EdenTree, Aegon ... and more

Swiss Re reduces carbon intensity of corporate bonds and equities by 42%

The carbon intensity of Swiss Re's combined corporate bond and listed equity portfolio decreased by 42% at the end of 2022, compared with the 2018 base year, it reported.