News

$100 global carbon price could slash equity prices by 30%, says Kempen

Investors have been warned that the 'base case' of a $100 global carbon price necessary to meet the Paris Agreement targets could cause global equity portfolio valuations to drop by up to 30%.

Loan round-up: Nissan, Biocon Biologics, Places for People, QNB Finansbank ... and more

Sustainable finance regulation 'needs to focus on transition'

Transforming financial regulation so it encourages decarbonisation objectives, rather than concentrating only on the 'greenest' activities, must become the focus of regulators, an Environmental Finance webinar heard.

$30trn investor group backs human rights engagement initiative

More than 220 investors managing assets worth $30 trillion have signed up to Advance, a human rights stewardship initiative launched by the Principles for Responsible Investment (PRI).

ASN Bank values nature services in 'first' calculation of its kind

ASN Bank has priced the value in US dollars of ecosystem services in four investee projects, in what it claims is the first calculation of its kind by a financial institution.

Bond round-up: PacifiCorp, Umicore, Mediobanca, Norsk Hydro ... and more

Greenwashing 'not uncommon' in green bond issuers, says HKMA

Greenwashing is 'not uncommon' amongst corporate green bond issuers, a report by the Hong Kong Monetary Authority (HKMA) has found.

AFII: Milestone 'first' SLB step-up should give investors confidence

The sustainability-linked bond (SLB) market has reached a milestone after the "first" step-up was triggered by PKN Orlen...

Australian regulator reveals prospect of bank losses from climate change

Australia's largest banks should be prepared to face 'financial challenges' resulting from losses caused by the effects of climate change, a vulnerability assessment by the regulator has found.

Impax CEO: the best is yet to come despite volatile 2022

Impax Asset Management's CEO has shrugged off a fall in assets in its full year results, arguing that "the best is yet to come" as the shift to a net-zero economy gathers pace.