News

$14trn investor group pushes for AGM vote on 'net zero' claims

A group of 53 investors with a combined $14 trillion of assets under management has called for new climate-related corporate governance measures, including an annual general meeting (AGM) vote on corporate 'net zero' transition plans.

Ceres launches investor-led initiative tackling food emissions

Sustainability non-profit Ceres has launched an investor initiative that demands 50 high-emitting food and agriculture companies reduce their greenhouse gas emissions to accelerate progress to a net zero global economy.

Lloyd's urged to make climate roadmap more radical

Climate campaigners have criticised a climate roadmap launched by insurance market Lloyd's of London because they say action is needed on fossil fuels to effectively address the climate crisis.

State Street among supporters of 'sustainable infrastructure' label

A label for 'sustainable infrastructure' has been backed by the Sustainable Markets Initiative's Financial Services Taskforce (FSTF)...

Green and sustainability-linked loan round-up: ELFA, LMA, Nipro, Iberdrola ... and more

Initiative launches to build 'integrity' in voluntary carbon markets

An initiative supported by the organisers of COP26 and US Special Presidential Envoy for Climate John Kerry has launched to "improve the integrity of voluntary carbon markets" through measures including guiding companies on what constitutes a high-quality carbon credit.

SEC to consider mandatory ESG disclosures by end of 2021

The US Securities and Exchange Commission (SEC) will consider a proposal this year to make ESG disclosures mandatory...

Nitrogen fertiliser makers to be hit by tighter emissions policies, warns Fitch

Nitrogen producers will be the most exposed players in the fertiliser sector to tighter emission regulations, warned Fitch Ratings.

Bond round-up: Chile, Spain, Valeo, Adani, Redefine Properties, Union Bank ... and more

Giant $12bn impact haul led by Carney, Paulson funds

Climate-themed impact funds by private equity giant TPG and alternatives asset manager Brookfield have raised a combined total of $12.4 billion to invest in areas including renewable energy, transport and agriculture.