Dominic Webb
Investors forego fixed coupon in exchange for payments linked to emissions avoidance from Vietnamese water purification projects.
Group notes 'insufficient action' by Canadian policymakers and calls for series of regulatory reforms to enable sustainable investment.
Anti-ESG movement runs into roadblocks as criticisms issued by Republicans and funds warn that divestment bills conflict with fiduciary duty.
Fund publishes list of all ESG engagements as it reveals the impact of ethical and risk-based exclusions on returns.
Plus: NBIM backs the 'introduction of reasonable assurance' for carbon emissions reporting in Australia.
Countries to be assessed across emissions, climate policies, just transition and investment potential, but no aggregate score to be produced
Three of five SLBs measuring at end of 2022 are off track on targets, as are nine of 12 in 2023, finds Barclays.
Bank will only buy corporate green bonds and best climate performers on primary market, increases benchmark tilt.
Climate Change Committee says progress has been made, but highlights need for regulatory tightening and ongoing data challenges.
LCP warns that lack of explicit climate expectations means risk is ‘unlikely to be adequately addressed’ by schemes.