Research shows that ESG strategies that focus on companies’ fixed climate scores, rather than performance metrics, risk undermining the much-needed energy transition to net zero
Initiatives are under way to build the markets for so-called blue bonds – which finance ocean-related conservation projects – and environmentally related debt swaps. But there are doubts over the scalability of such programmes, despite the huge appetite for sustainable assets.
An Australian parliamentary inquiry into the domestic finance sector’s shift away from coal exposure underlines the government's reputation as a climate policy laggard. But it may inadvertently help boost the country’s sustainable investment industry, argue some market participants.
Under fire for their lack of transparency and buying of out-of-favour fossil fuel assets, private equity managers are being urged by their clients and others to use their capital and clout more positively.
Retirement village operator Summerset has inked a landmark sustainability-linked loan related to reductions in carbon emissions and construction waste and, less typically, the development of dementia care. Its domestic peers are also expected to take the green finance path.
While banks prefer to hire former bankers for ESG jobs, there is a strong demand for individuals with sector-specific, non-financial backgrounds, Capital Monitor analysis reveals.
Teess – a joint venture between France’s TotalEnergies and Chinese renewables company Envision – will execute the first green-funded project in China’s solar industry as it bets on the country’s energy transition. Capital Monitor takes an in-depth look at the deal.
Science-Based Targets are a vital starting point for a company’s transition plan, but the inclusion of high-emitting coal companies on the initiative's approval list presents problems for investors forming policies around them.
Investors need to adopt a new approach to low-emission equity benchmarks if they are to achieve decarbonisation goals effectively, argue executives from State Street Global Advisors and S&P Global.
The landmark financing deal from the country’s biggest supermarket chain aims to reduce both waste and emissions and put more women in leadership roles. Capital Monitor speaks to Coles’ treasurer and CFO as well as bankers on the deal.
Climate disclosure does not change corporate behaviour fast enough and time is running out, executives from Invesco and two influential investment associations said at a Capital Monitor event. They argued that a carbon tax is needed to prompt a fundamental market shift.
With many asset owners historically reticent, and some unable, to invest in the renewable energy market, has 2021 proved a turning point for institutional investor appetite in this crucial asset class?