NY State Pension Fund to divest from 'risky' oil and gas companies

Q2 issuance puts market on track for weakest year since 2022

Labelled bond issuance during the first half of the year has fallen by more than $100 billion compared with 2024, putting the sustainable bond market on track for one of its weakest years in recent memory, according to Environmental Finance Data.

UK says delayed ESG ratings regulation to come this year

Federated Hermes closes Impact Opportunities Equity Fund, Kukuljan steps down

Federated Hermes has closed its Impact Opportunities Equity Fund, blaming the higher interest rate environment and "narrow mega-cap led equity market" for hurting the performance of thematic funds.

Osmosis launches two UCITS with €300m Australian superannuation commitment

'Walking the walk on decarbonisation' can lead to higher borrowing costs, finds MSCI

Debt issuers that are "on track" or "partially on track" with climate targets can face higher borrowing costs than firms that were not on track, according to a white paper by MSCI.