News

Healthcare, social housing spur outperformance - Tribe Impact Capital

Impact investments in UK social housing, healthcare and sustainable food production saw Tribe Impact Capital outperform its benchmark in the midst of the fallout from the coronavirus pandemic, in the first six months of 2020.

Central banks should step up to face environmental breakdown risk in finance

Market-fixing approaches such as the nascent Task Force for Nature-related Financial Disclosures (TNFD) are "unsuitable" for managing the risks posed by environmental breakdown, an academic paper has argued, instead proposing that central banks and financial regulators should introduce strict industry-wide exclusionary criteria.

People Moves 21 August; IFC; Shell Asset Management; Topdanmark; Foresight

Covid spotlights need for progress on impact measurement - IDB Invest

The effects of the coronavirus pandemic have demonstrated the need for impact investors to allocate more resources to developing a stringent impact measurement and management approach, according to IDB Invest.

Suncorp to pull out of oil, gas and coal

Suncorp has committed to not finance or insure the oil and gas industry by 2025, complementing its ban on backing new thermal coal projects.

£32bn Pension Protection Fund hails ESG progress

The UK Pension Protection Fund (PPF) has hailed its environmental, social and governance (ESG) progress in its first responsible investment report, including building pressure on external managers and increasing engagement, as it looks to push harder for disclosure improvements.

ESG data conference: early bird offer ends today

Environmental Finance's inaugural The Future of ESG Data virtual conference will take place on 9-10 September 2020, with Friday 21 August the deadline for booking with an early bird discount.

2DII stakeholders show support for its stance in break with SBTi

The 2° Investing Initiative (2DII) has published feedback on its public spat with the Science-Based Targets initiative (SBTi), showing that numerous stakeholders agree with its critique of a methodology for investors.

Kommuninvest prepares social impact loans, eyes social bond

Sweden's Kommuninvest has established a 'committee on social sustainability' to examine applications for loans for investments in housing, healthcare, sports, education and culture.

Northern Trust boosts environmental data analytics capabilities

Northern Trust has added further environmental data categories to its environmental, social and governance (ESG) risk exposure analytics services, amid demand from clients.