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Showing 241 - 250 of 683 results for "Europe"

Asia ahead in Science Based Targets race

ROSE MARY PETRASS  |  MONDAY, 28 AUG 2023  |  NEWS
... credible, ambitious targets for reducing greenhouse gas emissions. As catastrophic floods in Pakistan to deadly heatwaves in Europe in 2022 demonstrated, the human and economic costs of climate change are already being felt around the world. Companies ...

Finance "misunderstanding" risk of nature loss

ROSE MARY PETRASS  |  THURSDAY, 24 AUG 2023  |  NEWS
... and is not considered by financiers in current initial screening processes. New regulations are coming, and financiers in Europe and elsewhere will be required to consider these risks in the near future. Tim Bershara, manager of policy and strategy at ...

New code of practice to mitigate slavery risks in renewables

ROSE MARY PETRASS  |  THURSDAY, 24 AUG 2023  |  NEWS
... heavily dependent on cobalt mined through forced and child labour in the Democratic Republic of Congo. In the US, UK and Europe, investors and other stakeholders in renewables sector have taken steps to establish risk management and assurance frameworks ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
... indices. "...Providers of ESG ratings (which many of these indices rely on) are also coming under further scrutiny in both Europe and the UK. Ultimately, until green taxonomies are widespread, and definitions become more harmonised, the ESG or sustainability ...

Investments at risk: Finance "out of step" with climate science

ROSE MARY PETRASS  |  THURSDAY, 3 AUG 2023  |  NEWS
... may occur as early as 2025 "with 95% certainty". A collapse of this important ocean system would dramatically restrict Europe's agricultural output and lead to more extreme weather events. Among 16 other tipping points that are on the brink of occurring ...

AustralianSuper grows global team with numerous hires

ANDREW MCKEAN  |  TUESDAY, 1 AUG 2023  |  NEWS
... J.P. Morgan, BNP Paribas, and Macquarie Group. AustralianSuper appointed John Normand as head of investment strategy for Europe; Sujay Shah has taken on the role of head of internal government portfolios; Deborah Gilshan is the head of ESG and stewardship ...

Asset managers failing on 2050 goals: InfluenceMap

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... State Street Corporation's equity funds are the most exposed to fossil fuels with 2.2 times more exposure than average. Europe also leads in climate stewardship, with Legal & General Investment Management, UBS Asset Management, BNP Paribas Asset Management ...

Challenging market weakens ESG-focused fund flows

ROSE MARY PETRASS  |  THURSDAY, 27 JUL 2023  |  NEWS
... possible factor continuing to weigh on investor demand is the political backlash against sustainable investing in the US". Europe currently makes up 84% of global sustainable fund assets.

Voting on climate crucial during AGM season: Amundi

ROSE MARY PETRASS  |  TUESDAY, 25 JUL 2023  |  NEWS
ESG is emerging as a clear theme for shareholder proposals for AGMs in 2023, according to Europe's largest asset manager. Amundi said stewardship through engagement and voting is key to a responsible investment approach during an AGM voting season that ...

NextEnergy Capital's ESG solar fund raises $480 million at first close

ROSE MARY PETRASS  |  MONDAY, 24 JUL 2023  |  NEWS
... Several other potential investors are currently undergoing due diligence. The fund is classified as an Article 9 Fund under Europe's Sustainable Finance Disclosures Regulation (EU SFDR). The ten-year closed-ended vehicle targets mid double-digit returns ...