News

• APG, Microsoft invest in €390m climate tech fund

  13 September 2022

  Energy Impact Partners (EIP) has launched a €390 million ($391 million) European fund with support from impact and institutional investors, including Microsoft, Shell Ventures, APG and the Norwegian Ministry of Trade.

• DBS announces decarbonisation targets

  13 September 2022

  DBS has announced 'science-based' decarbonisation targets for seven sectors, as part of its aim to reach net zero by 2050.

• $39trn investor group urges governments to step up climate action

  13 September 2022

  533 institutional investors managing a total of about $39 trillion in assets have urged governments to enact climate policies to leverage private finance.

• All commodities will be judged on environmental impact, says Xpansiv

  13 September 2022

  Every commodity will be valued by its environmental footprint, argues Xpansiv, which is expanding its data offerings in anticipation that demand will grow for environmental, social and governance (ESG) impact data.

• Munich Re calls for more clarity on sustainable underwriting standards

  13 September 2022

  Internal and external standards required to embed sustainability into reinsurers' underwriting activities are not yet established and this is proving a concern for the sector, Munich Re's reinsurance CEO has warned.

• TCFD adoption by exchanges surges

  12 September 2022

  The adoption by global exchanges of Task Force on Climate-related Financial Disclosures (TCFD) recommendations jumped in 2022, according to a survey by the World Federation of Exchanges (WFE).

• Palladium: 'Worrisome' subsidy challenge to natural capital

  12 September 2022

  UK agricultural subsidies present a challenge for financing natural capital projects in the UK, an executive at management consultancy Palladium Group has said.

• FSA: NGFS climate scenarios should improve data use

  12 September 2022

  A key issue "hindering" the expansion of the NGFS climate models is their reliance on some global datasets that are not necessarily applicable to Japanese institutions...

• Sovereign sustainability-linked debt initiative launched

  09 September 2022

  A World Bank and Asian Development Bank (ADB)-backed initiative to "catalyse" sovereign sustainability-linked debt issuance has been launched to provide technical support to increase the volume, quality and impact of such issuances.

• 25% of Article 9 funds 'risk losing status'

  09 September 2022

  More than a quarter of EU funds claiming to be 'Article 9' compliant under the EU Sustainable Finance Disclosure Regulation (SFDR) risk losing this status, according to a report from FE fundinfo.