News

SFDR fossil fuel exclusions 'may create problems for funds targeting US investors'

Funds seeking compliance with proposed EU Sustainable Finance Disclosure Regulation (SFDR) fossil fuel exclusions could face problems attracting investors from US states with anti-ESG regulation, a law firm has warned.

Stafford banks $1.2bn for timberland continuation fund

Stafford Capital Partners has established a $1.2 billion continuation fund comprising three of its core timberland strategies including high-quality assets from around the world.

'Nowadays, it is hard to argue that defence sector is not a sustainable investment'

The exclusion of defence from sustainability investments likely stems from the sustainable investment industry's evolution from its origins as an ethical approach to investing, according to Paris-based investor OSSIAM.

Place-based investing faces struggles reaching scale, says Barclays

Place-based investing in the UK is facing considerable challenges, particularly in its ability to scale private investment to support the transition to net zero, according to a report by Barclays, which highlighted issues at the local authority level.

PRA finalises tougher climate risk rules for banks and insurers

The UK Prudential Regulation Authority (PRA) has issued a sweeping update to its expectations for how insurers and banks manage climate-related financial risks.

Extensive 'reliefs' in EU standards risk hiding key information, investors warn

A raft of measures designed to reduce reporting burdens by giving companies the option to omit sustainability information from EU regulatory reporting risks obscuring key information from investors, an investor group has warned.

EU launches carbon credit buyers club

PCAF casts eye to 'facilitated emissions' reporting standards after latest updates

The Partnership for Carbon Accounting Financials (PCAF) is readying an update of its standard for reporting greenhouse gas (GHG) emissions associated with services provided by banks and insurers, after unveiling the latest updates to its 'financed' emissions standards.

Impax plots first active ETF for US market, further launches

Impax Asset Management intends to enter the US active exchange-traded fund (ETF) market in the New Year, with potential plans to use the vehicle for existing strategies and for launching new ones.

Still a lot of head-scratching among investors over physical risk, says LSEG

Many investors are still struggling to incorporate physical risks into their portfolios despite a greater understanding of the impact of more frequent extreme weather, says London Stock Exchange Group (LSEG).