News

Fossil fuel windfall must be reinvested in renewables - MSCI

FNZ invests in impact data company GIST

FNZ, a wealth management platform, has invested an undisclosed amount in GIST, an impact data company.

High-yield, leveraged debt provides 'more direct' ESG engagement

"More direct" access to management in high-yield bond and leveraged loan markets sometimes provides "much better" engagement opportunities on environmental, social and governance (ESG) topics, according to a group of credit investors.

Royal London to abstain from Shell's transition plan

Royal London Asset Management said it will abstain from Shell's climate transition plan at its AGM on Tuesday, over concerns it is unaligned with the Paris Agreement.

Gas inclusion would 'debase' UK taxonomy

The UK has been warned that including natural gas in its taxonomy of green activities would "debase" the exercise, and waste an opportunity to show leadership on sustainable finance.

Moody's: LatAm utilities better positioned for transition

Power companies and electric utilities in Latin America are better placed than their peers in emerging economies for the transition to a low-carbon economy, Moody's Investor Service has said.

Should sustainable bond underwriters stop financing fossil fuels?

Is it time for banks to end support of fossil fuel bonds in order to secure lead manager mandates for sustainable bond transactions?

People moves 12 May: EQT, Mitsubishi UFJ, JP Morgan, Redwheel & more...

Viridios AI plans to be 'Bloomberg of the voluntary carbon markets'

Viridios AI has launched a pricing dashboard which it described as the "Bloomberg of the voluntary carbon markets".

Lloyd's: Support don't cancel fossil fuels

The debate on fossil fuels is "too black and white" said Lloyd's chairman Bruce Carnegie Brown, who added investors should support the industry to change "rather than cancel" its investment in it.