LGIM: Divestment improved engagement with ICBC

Regulators' attempts to put labels on sustainable finance are flawed, argues Impax

Impax Asset Management's founding CEO has criticised European efforts to define sustainability labels, but praised the lighter touch approach taken by the regulator in the US.

LGIM to sharpen nature voting focus for 2024 AGM season

Legal & General Investment Management (LGIM) voted against 100 companies for failing to meet deforestation expectations last year, as it vows to introduce stricter policies on nature in 2024.

Loan round-up: Vukile Property, Nexa, Blumar ... and more

Apicorp returns to green bond market

Energy-focused financial institution Arab Petroleum Investments Corporation (Apicorp) is pricing a new benchmark-sized, US dollar-denominated green bond, three years after its green bond market debut.

Morningstar Sustainalytics President joins Glass Lewis as CEO

Bob Mann, former president of Morningstar Sustainalytics, has joined voting advisor Glass Lewis as its chief executive officer.