News

GFANZ calls on G20 to restructure financial system

The Glasgow Financial Alliance for Net Zero (GFANZ) has called on the G20 to green the global financial system

LGIM, Aviva join call for UK to mandate transition plans

Aviva Investors and Legal & General Investment Management (LGIM) are among organisations calling on the UK government to require large, listed companies to prepare and disclose 'transition' plans to reach net zero greenhouse gas emissions.

GIIN develops 'clean energy' theme for IRIS+ impact measurement

The Global Impact Investing Network (GIIN) has added a 'clean energy' theme to its IRIS+ Navigating Impact platform.

NGFS: How central banks can confront biodiversity risk

Central banks and financial supervisors have been told they can improve their assessment of the relationship between financial stability and biodiversity, including by developing their own "ad hoc methodological approaches that better capture the risk of biodiversity impacts".

People Moves 8 October: Blackstone, Lombard Odier and more

$2.7trn BlackRock proxy voting move 'game-changing' for industry

BlackRock will offer institutional clients expanded proxy voting options across its index business in the "first step" from the asset manager...

Nuveen launches natural capital, low-carbon infrastructure units

US investment manager Nuveen has launched new arms of its business to target natural capital and low-carbon infrastructure assets, in a move it says can help it address rapid growth in demand for such investments.

'Definition of impact' could be followed by impact addition to France's SRI label

ESG ratings 'opaque' for investors, says PRI's Fabian

ESG ratings are "routinely derived from internal modelling, which is often opaque to investors," Nathan Fabian, chief responsible investment officer at the Principles for Responsible Investment, has said.

ESG 'ratings' term does a disservice to the industry, says FactSet

The terminology used to describe ESG ratings could harm the industry producing them...