News

BlueBay: Agriculture set for significant shift in climate risk pricing

The agriculture and land use sector is set for some "very significant shifts" in risk pricing related to climate change, BlueBay Asset Management has said.

UK green gilt uncovers 'pent-up' sterling green bond demand

Norwegian oil fund exits four traditional Chinese medicine firms

The giant Norwegian oil fund has excluded four traditional Chinese medicine firms from investment due to the "unacceptable risk" that they cause "serious" environmental damage through their use of body parts of threatened species.

People Moves 1 September: UBS, Invesco; Viridios Capital, Gresham House and more…

KLP among investors in €270m housing impact fundraise

Norway's KLP pension fund was among investors to commit about €270 million ($310 million) to an 'affordable' housing impact fund that incorporates a 'penalty clause' if the fund does not meet its impact or financial targets.

Investors' views sought on impact reports of green bond funds

Investors are being asked for their opinions on the extent and quality of impact reporting by green bond funds.

Two-thirds of SDGs set to be missed, M&G analysis suggests

A lack of investment means the world is on track to meet only six of the 17 UN Sustainable Development Goals (SDGs), according to analysis by M&G Investments.

TNFD kicks off 2023 framework plan as working group members appointed

More than 100 institutions have signed up to support the Taskforce on Nature-related Financial Disclosure (TNFD), with 30 members appointed to lead the development of the framework, which is expected to be finalised in 2023.

Standardised format for companies' SASB disclosures launched

UK non-profit the Value Reporting Foundation has launched a tool for companies to report ESG data that follows Sustainability Accounting Standards Board (SASB) standards in a digital format.

BlackRock buys physical climate risk model unit from Rhodium

US asset manager BlackRock has acquired the physical climate risk models from research firm Rhodium to expand the climate analytics capability of its Aladdin investment software, according to an internal memo seen by Environmental Finance.