News

Engaging with sovereigns on ESG issues is a challenge, says Allianz

Engagement with sovereign issuers of debt on environmental, social and governance (ESG) issues is difficult for investors,partly because of a lack of available data, according to investment management giant Allianz Global Investors.

MSCI launches carbon transition indexes

Data provider MSCI has launched a new series of ‘low-carbon transition’ indexes, as it extends its range of climate change-focused indexes.

Impact investors say AUM soared 86% over four years

Impact investors have seen their assets under management increase by 86% over the past four years, a survey of the market suggests.

Exxon and other laggards excluded from LGIM Future World Funds

Legal & General Investment Management (LGIM) has excluded more climate change laggards from its Future World Funds range after they failed to respond to its engagement programme.

People Moves: Nature Conservancy, UBS, Premier Asset Management, AP6, LuxFLAG

NGO the Nature Conservancy has announced board directors and leadership members.

Bank of England to stress test UK’s financial system by 2021

The Bank of England will by 2021 conduct a stress test of the UK financial system for resilience to the financial risks posed by climate change, Mark Carney has revealed.

Central banks 'to turn to green QE'

Central banks could turn to "green quantitative easing" (QE) as part of their increasingly active response to climate change, a panellist at Environmental Finance's ESG in Fixed Income 2019 conference argued.

Germany’s Dürr claims first ESG-linked Schuldschein

German engineering group Dürr has raised €200 million ($224 million) from an innovative Schuldschein whose coupon will vary according to the company’s sustainability rating.

Bond round-up: Chile, Korea, Engie, CDC, Vattenfall, BayWa, RATP … and more

EU's non-binding guidelines adopt TCFD framework

New EU guidelines on corporate climate-related reporting have integrated the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), and signal a growing alignment for the disclosure regime globally.