News

• BankTrack: Banks are failing to follow Equator Principles

  11 August 2020

  Signatory banks to the Equator Principles may be failing to uphold its standards such as grievance mechanisms in current projects being financed, according to a report by NGO BankTrack.

• Bloomberg launches its own 'fully transparent' ESG scores

  11 August 2020

  Bloomberg has launched proprietary, company-level environmental, social and governance (ESG) scores, marking a significant expansion of the sustainability data available on its terminals.

• Insured losses from hurricane Isaias could top $4bn, says modeller

  11 August 2020

  Insured losses from hurricane Isaias will total approximately $4 billion in the US and $200 million in the Caribbean, according to catastrophe modelling firm Karen Clark & Company (KCC).

• EU carbon market update: 10 August 2020

  11 August 2020

  Another week of reduced auction supply suggests a cautiously bullish outlook is justified but, in thin holiday markets, sizeable moves in either direction are possible, says Tom Lord*.

• WCI Carbon Market Update, 10 August 2020

  10 August 2020

  The price of California Carbon Allowances continued their recent slide last week, ahead of next week's quarterly auction, notes Nicolas Girod*

• GIIN publishes Covid-19 guidance for impact investors

  10 August 2020

  The Global Impact Investing Network (GIIN) has published guidance to help impact investors understand how they can best support their investees and enterprises through the coronavirus crisis.

• Forecasters raise predictions of Atlantic hurricanes

  10 August 2020

  The three leading hurricane forecasters have all warned of increased Atlantic hurricane activity in their mid-season updates.

• UniCredit plans 2028 coal sector exit in updated policy

  10 August 2020

  UniCredit has taken a harder line against thermal coal, pledging to stop financing its mining or burning entirely by 2028, as the exodus from the carbon-intensive fuel by global lenders continues.

• ESG ETF assets could hit over 3% of market by 2029, Morgan Stanley

  07 August 2020

  Rapid growth of assets in environmental, social and governance (ESG)-focused exchange traded funds (ETFs) could see them hit almost $600 billion - equivalent to around 3.2% of the total market - by 2029, according to Morgan Stanley.

• GISD calls for blended finance fund for increased UN SDGs funding

  07 August 2020

  The UN-convened Global Investors for Sustainable Development (GISD) Alliance has developed more than 60 proposals calling for the UN Sustainable Development Goals (SDGs) to receive accelerated funding, including through data standardisation and a blended finance fund.