News

News Round Up: One Planet, UK infrastructure bank, Green REIT Index, and more

Climate transition: insurers should lobby government and engage corporates

Insurers have made progress on investment side but more effort needed in underwriting, Zurich head of sustainability says

Polluting companies banned from Chinese insurers' PE portfolios

CBIRC spells out environmental blacklist for private equity portfolios

Schroders, Big Society Capital target £100m social impact IPO

Schroder Big Society Impact Trust aims to raise £100 million ($134 million) from an initial public offering (IPO) for a first-of-its-kind social impact investment trust it hopes will eventually grow to £500 million in size.

Clean growth VC fund eyes first investments, seeks more investors

A venture capital fund focused on technologies and solutions that reduce greenhouse gas emissions or other adverse environmental impacts aims to make its first allocations by the end of the year.

BlackRock, DWS, Natixis show 'basic' commitment to ESG, says Morningstar

Morningstar has identified Vanguard and Lyxor among asset managers with a 'low' level of commitment to ESG topics, whilst BlackRock, DWS, Natixis and UBS were flagged for their 'basic' approaches.

EU publishes first sets of Taxonomy screening criteria

The European Commission has published the first two sets of technical screening criteria for the EU Taxonomy for sustainable activities, described as an "important step" for the closely-watched green policy instrument.

People Moves 20 November: Moody's, Willis Towers Watson, GRI, Deutsche Börse, CBI, GIIN, GIZ, Nordea

Estimated carbon emissions data 'ineffective'

Estimated carbon emissions data reflects 'almost entirely' on size and industry information, which makes it ineffective in identifying green companies in brown sectors and further reduces the efficacy of investor actions, according to an academic study.

News round-up: EU offshore wind push, muni green project fund, sovereign ESG data set ... and more

European Commission vice-president Frans Timmermans encouraged EU member states to use funds from the €750 billion Next Generation EU fund to make targeted investments in the space to "unlock the necessary private financial flows" to power the expansion.