Six US banks to pilot Fed-led climate scenario analysis

The US Federal Reserve has revealed that six of the largest US banks are to participate in a pilot exercise…

Policy

NYC funds file diversity disclosure proposal at NextEra Energy

Investment

10 US asset managers emit 3bn oil barrels a year

The annual financed emissions of 10 of the largest US asset managers are equivalent of three billion…

Investment

COP26 outcome suggests private finance left to pick up climate slack

The final text of the climate agreement by countries at the UN climate summit in Glasgow represents only…

Policy

Ground-breaking BlackRock public-private EM climate fund exceeds target

BlackRock has announced its flagship public-private financing Emerging Market (EM) climate infrastructure…

Asia Pacific,Investment,Renewables

Tokyu Fudosan issues sustainability-linked bond amid ground-breaking ESG finance plan

Japanese real estate firm Tokyu Fudosan has raised JPY10 billion ($90 million) from a sustainability-linked…

Debt,Green Bonds,Policy

New York Fed climate stress test demonstrates 'substantial' risk for banks

Researchers at the Federal Reserve Bank of New York have published a transition risk-focused climate…

Carbon,Debt,ESG,ESG Data,Equity,Investment,Policy,Stranded Assets

$9trn PRI-led investor group demands extending scope of EU's CSRD

A $9 trillion group of 54 investors led by the Principles of Responsible Investment (PRI) has asked legislators…

Policy

Morgan Stanley: five takeaways for investors from UN biodiversity plan

Morgan Stanley has revealed the implications of the UN's draft biodiversity plan for investors of targets...

Natural Capital

13% of EU funds have already classified themselves as 'sustainable' under SFDR

13% of EU-domiciled funds have initially classified themselves as 'sustainable' under the Sustainable…

ESG,ESG Data

Banks with $29trn in assets pledge to set 2050 'net zero' targets

A group of banks with about $28.5 trillion in assets has joined a UN-convened 'Net Zero Banking Alliance',…

Carbon,Insurance

Investor group urges banks to set enhanced net zero targets

ESG,Investment,Policy

Winners revealed in Environmental Finance's Bond Awards 2021

Debt,ESG,Green Bonds,Investment

News round-up: Investment Association, Citi, Osmosis, and more

Carbon,ESG,Green Bonds,Investment,Renewables

Morgan Stanley: Continued racial disparity in US mortgage applications

ESG

News round-up: Mitsubishi, Bank of Japan, M&G, Morgan Stanley, and more

Carbon,ESG Data,Investment,Policy,Renewables

Morgan Stanley: Carbon market to hit €74 a tonne in three years

Carbon

US sustainable ETFs 'not as passive' on ESG voting as you may think, says Morgan Stanley

Passively managed US sustainability-focused exchange-traded funds (ETFs) vote in favour of environmental…

ESG,Investment

Comment: Is there really a green bubble?

Is the dramatic growth of renewables and other green stocks over the past year justified, or will it come crashing back down to earth, asks Peter Cripps

Equity,Policy

The question Morgan Stanley is most asked: Is there a green bubble?

Morgan Stanley has released a report to help investors value environmentally themed-stocks, as it revealed…

Equity