News

BlackRock promises 2021 climate vote record improvement

BlackRock has announced it intends to vote more regularly for shareholder proposals on climate action, rather than relying on engagement as it had done in the past.

Green and sustainability-linked loan round-up: Sanofi, Aviva, Keppel REIT ... and more

Adasina launches 'social justice' ETF

Adasina Social Capital has launched an exchange-traded fund (ETF) it says advances 'social justice', including in the areas of gender, racial and climate 'justice'.

News Round Up: World Bank, Bridgewater, CIMB, and more

NY State Pension Fund to divest from 'risky' oil and gas companies

The $226 billion New York State Common Retirement Fund is moving to divest from the 'riskiest' oil and gas companies by 2025 and has committed to full decarbonisation by 2040.

PBoC considers mandatory climate disclosure to support 'green' recovery

The governor of the People's Bank of China (PBoC) has announced the central bank will consider making climate disclosure mandatory and seek to make it easier for international investors to access the green finance market in the country.

Just 18% of transport firms have Paris-aligned climate targets, says TPI

Less than a fifth of transport firms have set carbon emissions reduction plans that are aligned with the Paris Agreement targets, according to a report by the investor-backed Transition Pathway Initiative (TPI), with the airline industry the worst performer.

Bond round-up: AES, Credit Agricole, VakifBank, Russian Railways, BPCE ... and more

Turner Impact Capital raises $350m for housing fund

California-based Turner Impact Capital has raised $350 million at the close of its second 'multifamily' social impact fund.

News Round Up: Macquarie AM; Carney carbon market task force; Trucost; MSCI; Robeco ... and more