News

News round-up: Ceres, IIGCC, EFAMA and more

ECB: 30% of eurozone corporate credit linked to 'high or increasing' physical climate risks

The European Central Bank (ECB) has warned that "a greater understanding of the potential risks posed by climate change is urgently needed" and called for mandatory climate-related disclosures.

EU carbon market update: 18 May 2021

WCI carbon market update: 18 May 2021

COP26 calls for investors to commit to net-zero carbon and net-zero deforestation

The organisers of November's climate summit have called on institutional investors to commit to net-zero carbon and net-zero deforestation.

News round-up: ISS, Toronto, TSX, IHS Markit and more

Sustainability-linked bond step-ups need to be 'more material' for firms

The coupon step-ups associated with sustainability-linked bonds (SLBs) need to be "more material" for firms than is demonstrated by current market practice, according to Aviva Investors.

Investors urged to join sovereign climate performance assessment project

Investors have been urged to get involved in a project to develop an assessment framework for the carbon performance of sovereigns, currently backed by groups including the UN Principles for Responsible Investment (PRI), Institutional Investors Group on Climate Change (IIGCC) and Transition Pathway Initiative (TPI).

Bitcoin 'net negative' ESG investment, says BMO

Bitcoin is a "net negative" investment from an environmental, social and governance (ESG) standpoint, according to BMO in a statement in response to electric vehicle maker Tesla saying it would stop accepting Bitcoin for car purchases.

News round-up: JP Morgan sets Paris targets, IEA updates flagship report, UK regulator launches scenario research... and more