News

DNB, SEB and Nordea among biggest Scandinavian fossil fuel lenders

Scandinavian banks DNB, SEB and Nordea are the three largest lenders to the fossil fuel industry in the region, according to a report by BankTrack.

TCFD advised to abandon implied temperature rise metric

The Task Force on Climate-related Financial Disclosures (TCFD) secretariat should not include in its list of recommended disclosures estimates of the 'climate warming potential' of assets, according to the Transition Pathway Initiative (TPI).

Aviva threatens 30 big emitters with divestment

News round-up: NextEnergy plans investment trust IPO; Gresham House Energy Storage fund; Macquarie; and more...

People Moves 29 January: NNIP, HSBC GAM, B20, BMO GAM, Eurazeo, Planet Tracker, Swiss Sustainable Finance, Fidelity Investments

Pension consultant climate competency framework published

News round-up: Lyxor fund launches, S&P, private investment humanitarian aid boost urged ... and more

Impact funds outperform in 2020 but Covid dampens fundraises

Publicly-listed impact funds have, on average, outperformed their respective benchmarks in 2020, according to analysis by impact data provider Phenix Capital.

NBIM's environmental mandates impress in 2020

The 'environmental-related mandates' of the $1.3 trillion Norwegian sovereign wealth fund helped drive outperformance last year, contributing 20 basis points to the fund's relative return.

News Round Up: Refinitiv, Entelligent, JSS, Northern Trust, and more