News

TPG's Rise Fund buys majority stake in teacher training company

he Rise Fund has agreed to acquire a "majority stake" in a teacher training company owned by Gauge Capital

Australia climate stress tests its five largest banks

The Australian Prudential Regulation Authority (APRA) has published details of an assessment of the country's five largest banks of their vulnerability to physical and transition climate risks.

BlueOrchard commits $18m to TriLinc

BlueOrchard Finance has committed $18 million to TriLinc Global to invest in middle-marked companies to support economic development in emerging markets.

US seeks to plug insurers' data scarcity on climate risk

A US government initiative has been launched to better assess insurers' climate-related financial risks and address the lack of available data in this area.

London calling IFRS: Forget Canada, base ISSB in UK!

A group of UK finance organisations has urged the IFRS Foundation to locate its new International Sustainability Standards Board

Moody's: Japan's FSA ESG disclosures may have limited immediate usefulness

Forthcoming mandatory ESG disclosure requirements from Japan's Financial Services Agency (FSA) may have short-term limitations, Moody's Investors Service has said.

EU social taxonomy: 'Time for investors to treat social & environmental factors equally'

Investors and non-profits have cautiously welcomed proposals for a European taxonomy of social economic activities but warned the bloc may struggle to identify criteria to judge the activities.

CalSTRS commits to net zero by 2050

The California State Teachers' Retirement System (CalSTRS) will target net-zero emissions across its investment portfolio by 2050

Green and sustainability-linked loan round-up: Majid Al Futtaim, FirstGroup, Summerset ... and more

Bond round-up: Munich Re, UK green gilt, CMB, Granite REIT, Philip Morris ... and more