News

Financial firms must explore 'more radical' solutions to close SDG funding gap

The financial sector upped its funding for delivering the UN Sustainability Development Goals (SDGs) in 2020, according to a report, but it needs to provide "bigger and more radical" solutions because Covid-19 has "undone years of progress" towards meeting the targets.

Apex launches carbon footprint service

The Apex Group, a private equity-focused financial services provider with over $1 trillion in combined assets...

$10trn net zero investment consultants group launched

Consulting firms who advise asset owners worth $10 trillion have launched the Net Zero Investment Consultants Initiative (NZICI).

Ground-breaking sustainability Tier 2 sukuk 12-times oversubscribed

Turkish lender Kuveyt Türk Katilim Bankasi has raised $350 million from its "landmark" sustainability sukuk, the first Tier 2 regulatory note issued through the sharia-compliant bond structure.

Brazil to require climate risk scenarios in stress tests from 2022

People Moves 17th September: SEC, CACIB, MSCI and 16 more

Al Gore-backed satellite data suggests oil & gas GHG emissions double reported levels

A database of greenhouse gas (GHG) emissions based on direct, independent observation using satellites, remote sensing, artificial intelligence (AI) and machine learning has been launched, which suggests oil & gas emissions may be double the levels reported.

2021 AGM voting season in US marks climate pressure 'escalation and expansion'

The 2021 proxy voting season in the US experienced an "escalation of shareholder engagement on climate-related issues...

Transition bonds 'have no future whatsoever'

Transition bonds "have no future whatsoever", one of the biggest green bond investors has claimed.

PRI bolsters SDG advisory group

Nine new members have joined the Principles for Responsible Investment's Sustainable Development Goals