News

Federated Hermes 'will use its say-on-climate votes'

Federated Hermes' EOS stewardship platform has defended say-on-climate votes, after an asset manager said it would abstain from taking part over concerns they might limit investors' ability to challenge strategies in the future.

Federated Hermes' EOS to ramp up engagement on biodiversity

Federated Hermes' stewardship service provider EOS is to ramp up its engagement on biodiversity this year, and has set the ball rolling by writing to 20 companies on the issue.

responsAbility invests $10m in South African solar

A responsAbility-managed climate fund has committed $10 million to asset manager Jaguar New Energies (JNE), to help it expand a portfolio of South African solar energy projects.

UK EV investment stalled by land issues, says Zouk Capital

Investment in electric vehicle (EV) infrastructure in the UK is being stalled by land and grid issues, Zouk Capital has said.

EU carbon price breaks €100 barrier

Europe's carbon price broke the €100 ($106) barrier for the first time on Tuesday, boosted by strong demand amid policy reforms.

Impax criticises 'business-as-usual' green bonds

Green bonds which include 'business-as-usual' use-of-proceeds, rather than providing clear additionality through their financing, are on the rise, according to a sustainable fixed income investor.

BP climate target rowback will not shake faith in 'say on climate', says Allianz GI

UBP optimistic despite biodiversity fund halving in size

After a difficult year that saw its biodiversity-themed listed equities fund halve in size, demand for nature financing will grow due to policy changes and the effects of the COP15 agreement,...

Singapore consults on 'measures-based' taxonomy for industrials

Singapore has proposed a 'measures-based approach' for the industrial sector in its taxonomy, under which companies would be encouraged to take action to reduce their emissions, such as retrofitting to deliver energy efficiency gains.

Carney: More capital must be allocated to help dirty companies transition

The bulk of capital needs to flow to companies that are not yet aligned with the goals of the Paris climate agreement but need investment to help them shift, Mark Carney has said.