Sustainability: to regulate or not to regulate?

Financial regulation has a role to play in tackling climate change, but it cannot be a silver bullet. So the time has come for policymakers to step up their game, delegates at the Insurance and Climate Risk conference heard. Vincent Huck reports

Insurance,Policy

Allianz exec refutes suggestion exiting coal is a 'PR stunt'

Allianz's head of regulatory strategy argues divestment is good risk management

Insurance,Stranded Assets

France's largest insurers looking for climate-conscious asset managers

Three mandates totalling €500m open for tender

MSCI anticipates EU climate benchmarks with new index series

MSCI has raced out of the EU legislative starting blocks with the launch of two series of indexes designed…

Investors,Policy

Making impact an institution

Elizabeth Corley, the former CEO of Allianz Global Investors and chair of the UK's Impact Investing Institute, outlines the opportunity to help people invest in line with their values

IMPACT

LeapFrog – targeting the emerging consumer

How does the world's biggest private equity impact specialist invest? Joe Walsh reports

IMPACT

UN's GISD aim 'to free up trillions of dollars' for SDGs

The UN's Global Investors for Sustainable Development (GISD) Alliance held its first meeting as it looks…

IMPACT,Investors

Allianz, Nephila structure proxy generation PPA for wind project

A ‘proxy generation’ Power Purchase Agreement (PPA) devised by Allianz and Nephila Climate has been used…

Renewables

TEG expects ‘massive domino effect’ of ESG benchmark disclosures

A prominent member of the Technical Expert Group on Sustainable Finance (TEG) has predicted that recommendations…

Policy

Credit rating agencies have more work to do on climate risk, hears insurance conference

Credit rating agencies have not adequately captured climate risks in their considerations of public sector…

Insurance

Pension funds and insurers commit to carbon-neutral investments by 2050

The newly launched alliance is responsible for $2.4trn in investments

Insurance

Japanese regulator to review stewardship code for institutional investors

Japan’s financial regulator, the Financial Services Agency (FSA), is to review the Japanese stewardship…

ESG,Investors

Major US insurer stops investing in or insuring coal

Chubb's decision reflects the increasing risks in the coal sector as a result of efforts to tackle climate change, argues Dave Jones

Stranded Assets,Insurance

Allianz X, DWS invest in ESG data provider Arabesque S-Ray

Allianz X, the digital investment unit of Allianz Group, has led the series A funding round for Arabesque…

ESG,Investors

Dutch financial sector commits to Paris Agreement goals

Fifty Dutch firms have signed a climate agreement committing to help the Dutch government deliver on…

ESG,Investors,Policy,Insurance

ESG in Fixed Income Europe, featuring Green Bonds

Green Bonds

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…

Debt,ESG,Green Bonds

People Moves: LuxFLAG, Aviva, LGIM, Australian Sustainable Finance Initiative, NAB, Allianz SE and ING

The Luxembourg Finance Labelling Agency (LuxFLAG) has appointed Sachin Vankalas as general manager.

People

New UK Impact Investing Institute launches hunt for CEO

An Impact Investing Institute has been launched in the UK to help mobilise a new wave of capital to social…

ESG

People Moves: BNP Paribas Asset Management, Calvert, AllianzGI, Aberdeen Standard Investments, Kempen and EY

BNP Paribas Asset Management (BNPP AM) has announced Rob Gambi as global head of investments.

People