News

  • Court orders UK to publish more detailed 'net zero' strategy

    19 July 2022

    The UK High Court has ordered the UK government to provide a "fresh" report on its 2050 'net zero' strategy, in a 'landmark' ruling which judged not enough information was provided to ascertain whether interim targets would be met.

  • Focus on banking transition plans as priority, IIGCC recommends

    19 July 2022

    A proposed 'gold standard' for company and investor net-zero transition planning should prioritise the banking sector, according to a €51 trillion ($52 trillion) group of institutional investors.

  • Singapore Exchange CEO lays out anti-greenwashing measures

    19 July 2022

    "The biggest threat to [the transition] right now is greenwashing" said Tan Boon Gin, CEO of the Singapore Exchange (SGX) who explained the group is working on improving disclosure requirements to combat the practice.

  • NN IP launches debut €20m social bond fund

    18 July 2022

    NN Investment Partners (NN IP) has launched its first dedicated social bond fund, after the significant increase in social bonds since 2020 means the market had "caught up" with green bonds.

  • CBI tightens green bond criteria and readies social expansion

    18 July 2022

    The Climate Bonds Initiative (CBI) said it was planning to launch a social and sustainability bond methodology this year after it tightened its green bond methodology...

  • UK Treasury Secretary backs green savings bonds

    18 July 2022

    The Economic Secretary to the UK Treasury promised to improve impact reporting requirements and backed green savings bonds in his first outing as secretary.

  • UK government plans taskforce on social investment

    18 July 2022

    A taskforce to help UK pension schemes incorporate social factors in their investments is to be established by the government Department for Work and Pensions (DWP).

  • Sustainable bond issuance breaks downward trend with rise in Q2

    15 July 2022

    Sustainable bond issuance experienced a modest rebound in the second quarter of 2022, ending five consecutive quarters of declining issuance amid increasingly challenging fixed income market conditions.

  • Berenberg targets positive impact but refrains from impact label

    15 July 2022

    Berenberg Bank says it does not define itself as an impact investor despite running three 'impact-focussed' funds - a distinction it says helps avoid perceptions of greenwashing while definitions of impact are in flux, according to a senior employee.

  • Anti-activist ETF called God Bless America pitched

    15 July 2022

    An exchange-traded fund (ETF) called God Bless America with the ticker YALL that screens out "activist" companies has been proposed.