News

• USS 'tilts' £5bn of assets towards climate

  24 January 2022

  The Universities Superannuation Scheme (USS) has announced today that it will invest some £5 billion ($6.7 billion) of its assets in funds...

• BMO to engage with chemicals companies

  24 January 2022

  The European arm of BMO Global Asset Management will make the chemicals industry a key area of focus for sustainability-related engagements in the coming year.

• Commission risks undermining taxonomy regulation, warns EU Platform

  24 January 2022

  European Commission proposals that would allow some nuclear and natural gas to be labelled as sustainable risk undermining fundamental precepts of the EU taxonomy regulation and should be reworked into an entirely new framework, an expert group appointed by the EU has warned.

• Blackstone launches renewables private credit strategy

  24 January 2022

  Private equity firm Blackstone has launched a renewables private credit platform as it plans to invest $100 billion in energy transition projects over the next ten years.

• LGIM, VBDO: Dutch insurer climate action lags behind pensions

  24 January 2022

  Insurance companies are lagging behind pension funds in terms of climate action, a report by Dutch investor association VBDO supported by UK-based asset manager Legal & General Investment Management (LGIM) has said.

• UPDATED: M&G launches diversity fund

  24 January 2022

  M&G has launched a global equity strategy focussed on gender and ethnic diversity.

• EU carbon prices expected to surpass €130 before year end

  24 January 2022

  EU carbon prices are predicted to surpass €100 per tonne before the end of March, and €130/t before the end of 2022, according to one analyst.

• 'Impact investment bank' enters administration

  21 January 2022

  Impact 'investment bank' ClearlySo Limited has filed for voluntary liquidation, filings with the UK government show.

• UN impact standards gather momentum

  21 January 2022

  Standards and an external assurance framework for identifying contributions to the UN's Sustainable Development Goals (SDGs) are set to take a leap forward this year, with the roll out of investor pilots of the framework, Environmental Finance has been told.

• 'Historic' greenium for debut Denmark green bond

  21 January 2022

  The maiden DKK5 billion ($762 million) sovereign green bond issued by Denmark was more than four-times oversubscribed by investors,...