April 27, 2024
Funds

Green Governance: FCA Clampdown Could Affect 300 Funds

On November 28 2023, the Financial Conduct Authority (FCA) unveiled its long-awaited Sustainability Disclosure Requirements (SDR) and investment labels regime for investment products. The SDR policy statement includes a substantial package of measures aimed at improving the trust in, and transparency of, sustainable investment products and at minimising greenwashing. As part of the raft of

Read More
Investment

Exxon Sues Sustainable Investment Firms

advertises its gas prices on February 1, 2008 in Burbank, California. Exxon Mobil Corp. has posted an annual profit of $40.6 billion, the largest ever by a US company, and set a new US record for the highest quarterly profit, $11.7 billion for the last three months of 2007. The previous annual profit record, $39.5

Read More
Finance

From Global Finance To Impact Innovation

A Conversation With Impact Investing Visionary Robert Brown Brown Sorenson Impact Institute For more than 30 years, Robert Brown has been recognized as a leading economist and Wall Street investor. In recent years, he has taken his extensive experience in macro research to advance the impact investing sector, most recently as co-founder and senior partner

Read More
Finance

China stokes Asia-Pacific demand for sustainable finance despite rising interest rates, driven by Beijing’s carbon ambitions

“A more favourable interest rate environment in 2024 can be conducive to increased issuance of green bonds or sustainability-linked bonds,” said Tu. “But we need to find a variety of transition financing to support companies’ decarbonisation initiatives.” A photovoltaic power generation base in Taizhou, Jiangsu province, China. Photo: Getty Images Sustainable debt is tied to

Read More
Funds

NYC retirement funds increase climate investments

The New York City retirement systems increased their investments in climate solutions by 24.7% in fiscal 2023, according to city comptroller Brad Lander. The city’s retirement portfolio of climate investments stood at $10.5 billion as of June 30. “Preserving a livable planet and a thriving economy will require a collective global commitment both to the phase-out

Read More