News

• Axa launches short-duration green bond fund

  07 February 2022

  Axa Investment Managers (Axa IM) has launched an £11 million ($15 million) short-duration green bond fund, shortly after it added its second dedicated green bond fund to its product line.

• S&P: ESG concerns are more than twice as likely to lead to downgrade

  07 February 2022

  Bonds earmarked for a 'potential credit rating downgrade' because of environmental, social or governance (ESG) concerns were more than twice as likely to be downgraded during 2021 than bonds red-flagged for other reasons, S&P Global Ratings said.

• Pension funds may lead green infrastructure growth

  07 February 2022

  Pension funds could lead the development of sustainable infrastructure if governments enable them to do so, says a G20-backed body.

• Fewer than one in 10 financial institutions conduct scenario analysis, study finds

  07 February 2022

  Only about 8% of financial institutions conduct scenario analysis to assess climate and broader environmental risks, a study has found.

• Wind firms are 'still overvalued'

  07 February 2022

  Wind energy firms remain overvalued due to increasing costs for the sector, despite being a long-term growth story, a sustainable investing pioneer has claimed.

• PRI criticise ISSB disclosure materiality proposals

  04 February 2022

  The UN Principle for Responsible Investment (PRI) has urged the International Sustainability Standards Board (ISSB) to tighten its approach to materiality assessments in its sustainability-related financial disclosure standard, including requiring issuers to explain why data is omitted and include their supply chains in assessments.

• Entelligent raises $6m for climate risk platform

  04 February 2022

  US data firm Entelligent has announced the first close of its Series A funding of its climate risk platform for financial institutions at almost $5.7 million, according to US government records.

• Engine No. 1 ETF targets high-emitting companies

  04 February 2022

  US impact investment group Engine No. 1 is targeting high-emitting companies including General Motors through the launch of an exchange-traded fund (ETF).

• Dutch MEP decries privatisation of ESG data important to insurers

  04 February 2022

  Kieler Rück CEO calls European Single Access Point a "game changer"

• ESMA calls for evidence ahead of ESG ratings regulation

  04 February 2022

  The EU's securities markets regulator has asked for evidence on ESG ratings providers, as it considers rules to govern the booming market.