Archive

UBP admits defeat on 'unrealistic' 100% SBTi target

A target set by Union Bancaire Privée (UBP) for 100% of its portfolio to have set science-based targets by the end of 2026 is unlikely to be met, the Swiss bank has admitted.

Investors left in limbo on CSDDD need clarity from Commission, says PRI

Clarification is needed on the extent to which institutional investors will have to conduct due diligence on aspects including financial products they provide, the Principles for Responsible Investment (PRI) told the European Commission.

Sustainable debt round-up: TenneT Germany, Bpifrance, Easpring Finland ... and more

Easpring Finland secures €514m green loan for battery materials plant

Easpring Finland New Materials has secured a €514.4 million ($588 million) green loan to support the construction of a cathode active material manufacturing plant in Kotka, Finland.

'Climate risk is no longer a distant concern' - Allspring

Companies are increasing capital expenditure (capex) to climate-proof their business, as recent heatwaves in Europe demonstrate the potential impacts of climate change, according to Allspring Global Investments.

Remove coal exclusion in SFDR transition category, PRI says

Fund managers should be allowed to invest in companies with significant exposure to coal via a new 'transition' category in the EU's Sustainable Finance Disclosure Regulation (SFDR), the Principles for Responsible Investment (PRI) said.

AI data centre sustainable debt spurs innovation - and risk

Asia is keen to take the lead on finding flexible but credible ways for the market to support data centre investment, Ahren Lester reports

AI risks are 'surging for financial institutions', finds RepRisk

Financial institutions expect the adoption of artificial intelligence (AI) to pose growing business conduct risks to their portfolios, according to a new report.

Sustainable debt round-up: ING, Republic of Serbia, Princeton Digital ... and more

PRI publishes asset owners' strategy document

The Principles for Responsible Investment (PRI) has released a report to signatories based on initial findings of its Future of Responsible Investment working group, as it considers its future strategy.