News

Pushback on ESG is a 'denial of capitalism'

The recent pushbacks on ESG in the US have had an impact on financial market participants and whilst it would be "lovely to ignore it, we have to take it seriously", according to Ivan Frishberg, chief sustainability officer at Amalgamated Bank.

Brookfield invests $1.5bn in renewables

Brookfield Renewable Partners has bought Standard Solar for $540 million and will acquire Scout Clean Energy for $1 billion.

SDG mapping is not impact investing, says GIIN CEO

Investors that retrospectively tag assets for 'alignment' with UN Sustainable Development Goals (SDGs) are not impact investors and produce "impact by coincidence", said the CEO of the Global Impact Investing Network (GIIN).

ECB: 'We can no longer drag our feet' with nature risks

A European Central Bank (ECB) executive has urged action to tackle financial risks related to nature as well as climate.

Data providers support free-to-use data platform, says GFANZ

Data providers have supported the creation of a free-to-use public climate data platform, despite it potentially signaling the end of their pay-for-data model, GFANZ has told Environmental Finance.

Six US banks to pilot Fed-led climate scenario analysis

The US Federal Reserve has revealed that six of the largest US banks are to participate in a pilot exercise to study their ability to manage climate-related financial risks, in a significant development for the financial stability supervision framework in the world's largest economy.

People Moves 30 September: M&G, Canopius, Earth Capital ... and more

ESG in Fixed Income Americas: It's time for bond investors to engage on SBTs for nature

Bond investors should engage with sovereign and corporate issuers on nature-related targets, according to Elizabeth Aceituno, sustainable finance specialist at WWF, the environmental NGO.

Loans round-up: QTS Realty, Loxam Group, Toyota Mexico and more...

GFANZ-linked data platform to take 'flexible' approach to Scope 3

GFANZ's proposed public data platform will take a "flexible, ... phased" approach to include supply chain emissions, the executive charged with overseeing the project told Environmental Finance.