The chief executive of the world’s largest stock owner says life is about to get a lot harder for companies that fail environmental, social and governance tests set by institutional investors. Nicolai Tangen, who runs
Several European investment groups that last year threatened to divest from Brazil over soaring deforestation have not done so, even as new figures show the pace of destruction of the Amazon rainforest is at its
An 11th hour attempt has been launched to try to halt plans by Shell to explore for oil in vital whale breeding grounds along the Wild Coast of eastern South Africa. Campaigners filed an urgent legal
Passive funds will struggle to achieve net zero carbon emissions across their portfolios, according to the chief executive of one of Japan’s largest asset managers. Akira Sugano, president and CEO of Asset Management One, said
The Bank of England will enforce its green criteria in corporate bond purchases for the first time, establishing a blueprint for investing in a part of the credit world rife with greenwashing. Starting yesterday, the
If you own stocks, chances are good you have heard the term ESG. It stands for environmental, social and governance, and it’s a way to laud corporate leaders who take sustainability – including climate change –
President von der Leyen identified two key challenges we need to address to boost global sustainable investment: First, how to attract more capital towards sustainable investment. Second, how to bring more countries on board, and
The sustainable investment industry is too small to drive the global transition to a low-carbon economy and to help it grow governments must do more to protect investors from being misled by greenwashing, the IMF
The White House on Wednesday started to unwind the Trump administration’s changes to the nation’s environmental permitting rules. The new rulemaking is the first of two sets of changes that, taken together, would restore the National Environmental
A growing power supply crunch in China is triggering blackouts for households and forcing factories to cut production, threatening to slow the country’s vast economy and place even more strain on global supply chains. Companies in the
A Maryland businesswoman pleaded guilty today to paying cash bribes to an officer with the Metropolitan Police Department (MPD) in return for information contained in non-public police paperwork identifying individuals involved in traffic accidents. Raquel
HSBC Holdings (HSBA.L) and Singapore state investor Temasek are teaming up to set up a debt financing platform for sustainable infrastructure projects, with an initial focus on Southeast Asia. The two companies said in a
