News

UK confirms plan to regulate ESG ratings providers

Providers of environmental, social and governance (ESG) ratings face being regulated in the UK under a plan put forward by the country's government which could make it the first country to do so.

Vanguard exit could be opportunity to 'clarify aim' of net-zero initiative

The withdrawal of Vanguard from the Net Zero Asset Manager initiative (NZAM) could be a great opportunity for the initiative to clarify its aim and push members for greater action on passive assets, a campaigner told Environmental Finance

Loan round-up: Majid Al Futtaim, H20 Innovation, Blue loan spotlight, Tricon ... and more

Window to tackle deforestation 'fast closing', investors say

The window to avoid the worst effects on nature by reducing deforestation is "fast closing", the Investor Policy Dialogue on Deforestation (IPDD) has said.

MSCI upgrades Generali, after insurer links ESG with remuneration

Generali has said it has received an upgrade to its ESG rating from MSCI, to the highest available score of AAA.

Bond round-up: Thailand, Asian sovereign spotlight, Iberdrola, Snam ... and more

WWF: Avoid building a Tower of Babel in taxonomies for nature

Policymakers should be "alarmed" at the risks that the various taxonomies of sustainable activities in development internationally are misaligned when it comes to nature-related criteria, an executive at World Wide Fund for Nature (WWF) has said.

Companies finding it hard to believe investors' ESG messaging, says EY

Despite investors saying they will forego profits in the short term to focus on ESG, EY has said its research shows companies do not believe them or are choosing to focus on profitability over sustainability.

PGGM & EBRD to invest €250m in 'impact milestone'

PGGM will invest €250 million ($262 million) of pension fund capital in climate finance, in a partnership with the European Bank for Reconstruction and Development (EBRD).

£9.2bn flagship BlackRock pension strategy adopts climate target

BlackRock has announced that its flagship £9.2 billion ($11.2 billion) default pension strategy in the UK has adopted a formal environmental, social and governance (ESG)-focused investment policy, including a specific emissions target.