News

10 US asset managers emit 3bn oil barrels a year

The annual financed emissions of 10 of the largest US asset managers are equivalent of three billion oil barrels, a report has said,...

SEC commissioner: Net-zero strategies a rabbit hole

The ways that companies will achieve their "rabbit hole" net-zero pledges and the metrics used to disclose progress towards the goals are unclear, a Securities and Exchange Commission (SEC) commissioner has said

Bond round-up: EIB, ICADE, TD Bank, Uniqa, GEK Terna ... and more

M&G Catalyst, TPG Rise invest in recycling company

Impact funds M&G Catalyst and TPG Rise have invested as part of a $170 million funding round by a company that recycles household waste to produce 'thermoplastic'

WBA reveals how it will assess financial system on SDGs

The World Benchmarking Alliance (WBA) has published the methodology for assessing the financial system's contribution to the UN's Sustainable Development Goals.

EIOPA: ESG tops risk list for insurers and pensions

Environmental, social and governance (ESG) risks are expected to have the greatest increase in materiality for both the insurance and pensions sector, the European Insurance and Occupational Pensions Authority (EIOPA) has said.

UBP launches biodiversity listed equities fund

UBP has launched a listed equities fund targeting positive, measurable contribution to biodiversity, making it one of the first such funds targeting the theme and enabling the Swiss private bank to tap into a theme its manager predicts could support a strategy of up to $2 billion in size.

Indonesian paper firm expansion 'litmus test' for 'net-zero' banks

The substantial financing being sought by two Indonesian paper and pulp firms to support their expansion plans has been described by environmental groups as a "litmus test"...

Investors must scrutinise Asian companies' CCS assumptions

Investors have been urged to carefully scrutinise the carbon capture and storage solutions (CCS) projections associated with the net-zero transition plans of Asian companies.

Schroders launches food, water and climate funds

Schroders has launched two listed equities funds, focusing on climate change and food & water, respectively.