News

BlackRock's Fink targets net-zero

BlackRock CEO Larry Fink has made the transition to a low-carbon economy the key theme of his annual letter, announcing a range of actions, including a demand for investee companies to adopt net-zero business plans.

Banks face 'risk of errors' in applying EU Taxonomy

An investigation by the European Banking Federation (EBF) and UNEP FI into the impact of the EU Taxonomy on retail and corporate banking found that its complexity leads to a risk of errors when applying it.

Investor-backed mining and tailings initiative outlines next steps

25% cut in emissions by corporates setting science-based climate targets

Citi's $200m impact fund invests in seven companies

US bank Citi has invested in seven companies via its $200 million impact fund, including in those focusing on the areas of technology, transportation and education.

'Legislate against' deforestation financed by Vanguard, BlackRock

Sanctions should be introduced for financial institutions like Vanguard, State Street and BlackRock, which collectively provide $2.7 trillion in financing to companies driving tropical deforestation and have no policy to curb the practice, according to a report by Global Canopy.

EU carbon market update: 26 January 2021

WCI carbon market update: 25 January 2021

News Round Up: Northern Trust, Encavis, Corporate Knights, Climate Adaptation Summit, and more

Bain Double Impact invests in healthcare provider

Bain Capital Double Impact has invested an undisclosed amount in Multi-Specialty Healthcare, an provider of post-traumatic injury care and physical rehabilitation.