News

EU Carbon Market Update, 20 January

There is little to suggest EUAs should rise further this week, but lower auction volumes should provide support, says Tom Lord.*

BlackRock weighs in on Taxonomy debate

The world's largest asset manager has said definitions of sustainability must move beyond the "binary" approach of the EU Taxonomy, as it pressed policymakers to promote convergence of sustainability standards.

WCI Carbon Market Update, 20 January 2020

Technical analysis suggests a neutral outlook for California Carbon Allowances, but tightening fundamentals are a bullish factor, says Nicolas Girod.*

CDP announces 179 'A list' leading climate action companies

CDP has named over 170 firms as being global leaders for transparency and action on climate change for 2019.

UK Charity Commission presses not-for-profits to invest responsibly

The UK charity regulator has encouraged charities to ensure their financial investments align with their benevolent aims, asking for feedback from the sector on what is holding them back doing so.

Loss-creep from natcat years crimp ILS hedge fund returns

Eurekahedge data shows ILS hedge fund investors underperforming broader industry in 2019

People Moves 17 January: Bank of England, UBS, Goldman Sachs, Man Group, SocGen, Chronos, B20, LBO France, Insight Investment, Perspectives, Lightsource BP

UAE eyes its own sustainability taxonomy

The regulatory authorities of the United Arab Emirates (UAE) have published national Guiding Principles on Sustainable Finance, which include basic information on a proposed sustainability taxonomy for the country.

Banque de France reveals further details of 2020 stress test

The French central bank will in March publish the scenarios it will use to conduct climate stress tests of the country's banks and insurers, it has been revealed.

HSBC plans its first ESG-focused ETFs

HSBC Global Asset Management (HSBC GAM) has announced plans to launch eight environmental, social and governance (ESG)-focused passive funds in the first six months of 2020.