News

Carney's Brookfield impact fund raises record $15bn

Brookfield Asset Management has raised $15 billion in the final close of its Global Transition Fund, making the Mark Carney co-managed fund the world's largest to be dedicated to impact investing.

Bond round-up: EU, ICBC, Preem, Central Pattana...

Invest 'early & actively' for greater impact in Asia

Impact investing in south-east Asia suffers constraints caused by overseas investors, who are too remotely-based or unwilling to provide early-stage development funding, specialists in the field warned.

Regulator: 'Let's focus more on emissions data, rather than taxonomies'

Focusing on emissions data is a more straightforward way to assess transition strategies, rather than taxonomies, a regulator has suggested.

SEC climate rules not wanted by insurers

III says insurers promote net-zero via investments and already have sufficient disclosure

Failure to hit net-zero target 'not necessarily greenwashing', says regulator

Failure by a bank to meet a carbon reduction target would not necessarily constitute greenwashing, an influential regulator has claimed.

Temasek investing 'catalytic capital' into the transition

Temasek is looking to invest 'catalytic capital' in climate-aligned and carbon negative technology opportunities to support the global energy transition, according to a senior executive.

UK pension funds required to report Paris alignment

UK pension funds will have to disclose how they align with the 1.5°C goal of the Paris Agreement from October in a move the UK government...

Investor groups urge UK to 'learn lessons' from EU on gas in taxonomy

Three institutional investor-focused groups have urged the UK government to exclude natural gas from its proposed 'green' taxonomy, warning that inclusion would "discredit" the value of the green activities list.

Basel Committee climate-related pay principle could drive 'consistency'

The Basel Committee on Banking Supervision (BCBS) has recommended banks link executive pay to climate risk performance, which a leading law firm said could drive greater "consistency" of bank policies globally...