News

Loan round-up: Hempel, Iberdrola, Preem, LGIM ... and more

NGFS backs ISSB in push for consistency on transition finance

A group of central bankers have added their weight to calls for more rapid harmonisation of approaches to assessing 'green and transition finance'.

Banks 'resisting SBTi fossil fuel phase-out goals'

Some banks in the US and Asia continue to resist the Science-Based Targets initiative (SBTi)'s proposed timeline for phasing out financing for fossil fuels, a member of the think tank has said.

Bond round-up: OMERS, Bank of China, Jabil, Singtel ... and more

New York State Retirement Fund supports proposal to stop underwriting fossil fuels

The New York State comptroller has pledged to support of shareholder proposals that ask three insurance companies to stop underwriting new fossil fuel supplies.

ASN invests €2m in Clarmondial sustainable food fund

Dutch firm ASN Impact Investors has invested €2 million ($2.1 million) in Clarmondial's fund focused on sustainable agriculture.

"We are creating a bad climate premium," warns FRR director

Bad assets are going to bad asset owners, says executive at €1.8trn fund

Climate policy since COP26 'confirming 1.8֯ C trajectory'

Climate policy developments since November's UN climate conference "reflect slight positives in global climate ambition," according to an analysis.

Moody's unveils ESG portfolio screening kit

Moody's has launched a data platform that provides access to Moody's physical and transition climate risk data sets across a recently expanded universe of 10,000 companies globally.

Biodiversity regulation 'where climate regulation was 8 years ago'

Regulation of investor impacts and dependencies on nature is today where it was about eight years ago for climate change, according to a member of a high-profile study group.