News

The Monetary Authority of Singapore (MAS) has called for insurers to steer companies in the emissions intensive Asia-Pacific region towards more sustainable practices, as an executive warned insurers of high exposure to climate transition risks.

Investors have been unconvinced by the EU's response to US support for industry that will drive the transition to a low-carbon economy, an analyst at BNP Paribas has said.

Allianz Global Investors has launched a sustainability data product which it says will enable its investment teams to better navigate the "ever more challenging ESG data landscape".

The proposed wipe-out of additional tier 1 (AT1) bondholders as part of the Credit Suisse "merger" with UBS has sent prices of the limited 'green' AT1 issuances lower, providing a further headwind for the rare instrument.

Osmosis Investment Management has welcomed a warning from the UK's Financial Conduct Authority (FCA) that it is prepared to take action to tackle poor disclosures by providers of ESG benchmarks.

The CEO of Verra has hit back at media reports criticising the firm's forestry standard, describing some of the claims as preposterous.

The latest report by the Intergovernmental Panel on Climate Change (IPCC) presents the "unequivocal case for action" needed to reduce the ambition gap, Impax Asset Management has told Environmental Finance.

The UK's Financial Conduct Authority (FCA) has warned it is prepared to take action to tackle poor disclosures by providers of ESG benchmarks, as it identified failings in several areas by all providers.

Redwheel's global equity fund has sold its shares in clothing company H&M over a 'warning flag' that it was not doing enough to reduce its climate impact.