News

NZBA pumped $38bn into oil and gas since launch

25 members of the Net Zero Banking Alliance (NZBA) have financed at least $38 billion of oil and gas funding since the group's launch under a year ago, according to pressure group ShareAction.

Morningstar revokes sustainable label from hundreds of EU funds

Morningstar has reversed a previous decision to label more than 1,200 EU funds as 'sustainable', after scrutinising their documents.

Chaucer and Moody's announce ESG scorecard collaboration

Chaucer has announced it will collaborate with data analytics firm Moody's to create ESG scorecards which it claims would be the first of their kind in the (re)insurance sector.

Singapore identifies sustainable finance core competencies

12 technical skills and competencies needed by those working in sustainable finance have been set out by the Institute of Banking and Finance Singapore (IBF)...

Fitch: Sovereign sustainable bonds 'can be positive' for credit ratings

Fitch Ratings predicted the increasingly important role that sustainable bonds play in sovereign debt management could become credit positive for issuers in the future.

Japan's FSA plans principles to address 'nightmare' of investor ESG data requests

Japan's Financial Services Agency (FSA) plans to launch a set of principles for ESG ratings and data providers this summer...

CPPIB to invest $130bn in 'green and transition' assets by 2030

Canada Pension Plan Investment Board (CPPIB) has committed to almost double its investments in green and transition assets by 2030, from $67 billion to $130 billion.

People moves 11 February 2022: S&P, Jupiter, Aviva, Abrdn & more...

Scenario analysis of funds in 'ambitious' EU regulator workplan

The EU's securities markets regulator has laid out a wide-ranging workplan for the next two years that covers efforts to tackle greenwashing, perform climate scenario analysis of investment funds, and work on a potential label for sustainability-linked loans.

BlackRock launches first Paris-aligned ETF in US

BlackRock has launched its first Paris-Aligned Benchmark (PAB) exchange traded fund (ETF) in the US, following four PAB-aligned ETF launches in Europe.