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?
Net-zero emission pledges are under growing scrutiny from investors amid worries over the gaming of carbon reporting. Governments are facing rising pressure to ensure accountability for such commitments.
Lloyds Bank is leading efforts among UK lenders to provide easier access to financial services for the rising number of refugees in the country, most recently from Afghanistan. But they could do a lot more, as France’s BNP Paribas is showing elsewhere.
Passive investing has been posed as a threat to the planet – but how far does the data support these claims?
The idea of incorporating gross national happiness into mainstream economic thought has long been a subject reserved for debating societies and 'lefty' thinkers. As politicians are cornered into taking immediate action on climate change, capitalism is in for a big surprise.
The embattled Swiss bank has cut lending to heavy polluters and is analysing its loan book's carbon intensity and clients' 'transition readiness', but has been slow to set emission-reduction targets. Two of Credit Suisse's top ESG and sustainability executives set out its thinking.
The UK is about to launch its first green sovereign bond programme, which will incorporate innovative social indicators. Senior banking executives expect it to boost the corporate debt market, but want more specifics on impact benchmarking targets and deadlines.
Recently criticised for failing to deliver returns above their peer group, gender lens funds are under immense scrutiny to up their game. And while legitimate concerns exist about how they are marketed, the lack of suitable companies remains a serious problem.
Green short-term funding has struggled to take off as an asset class. With Asia’s first green commercial paper guarantee for Taiwan’s Sing Da Marine Structure, Crédit Agricole hopes that a new wind is blowing.
The A$150bn pension fund is using its financial heft to address modern slavery and has developed a risk-assessment tool to support its reporting requirements. But while some asset managers have shown overwhelming support, others are still burying their heads in the sand.