News

Banque de France first central bank to join CDP

Banque de France has become the first central bank to join the CDP, which requests environmental disclosures by companies.

European Investment Bank invests $20m in ocean fund

The European Investment Bank has committed $20 million to Circulate Capital's Ocean Fund I-B

Carbon markets need governance reform, says Finance for Biodiversity

Finance for Biodiversity (F4B) has designed a governance model for carbon markets with "systemic oversight", which it says would also encourage the growth of 'nature markets'.

Greenwashing claims could 'undermine' responsible investment

Inconclusive studies that claim ESG funds are 'greenwashing' could undermine the responsible investment movement, lawyers have warned.

NY Fed: Climate risk 'unconditionally reflected' in credit ratings, spreads

Climate risk related to regulation and environmental performance is "unconditionally reflected" in the credit ratings and pricing among US corporates, according to research by the New York Federal Reserve.

EFRAG appoints EU sustainability reporting standards group

An advisory group has been appointed to help develop European corporate sustainability reporting standards.

BlackRock to score its impact using SDG 'data factory'

The world's biggest asset manager, BlackRock, has subscribed to a dataset for investors that analyses corporate alignment with the UN Sustainable Development Goals (SDGs).

Circular economy fundraise upsized

Circularity Capital announced its second fund has raised €215 million ($230 million) in a fundraise that was upscaled due to strong investor demand.

Credit Suisse faces first climate resolution

Credit Suisse has encouraged shareholders to vote against a resolution that would require the Swiss bank to annually disclose progress against its climate financing goals.

OCBC partners with MVGX on carbon tokens