The growth of climate investing in private markets

Climate investing has gained significant momentum in recent years, as governments, institutions and companies gear up their decarbonisation efforts. Within the energy investment space alone, capital invested in wind and solar assets, electric vehicles, nuclear power, hydrogen, energy efficiency and supporting grid work topped $1.1trn in 2022. Just as importantly, revenue from the energy transition, … Read more

French SRI standards overhaul leads to full exclusion for fossil fuel developers

Funds with exposure to the fossil fuel industry will no longer be eligible to use the state socially responsible investment (SRI) label in France, after a public consultation submitted proposals for a new standard. Based on the recommendations of the consultation, which launched in October 2021, French minister Bruno Le Maire has unveiled a more … Read more

CFA Institute releases climate risk analysis certificate

The CFA Institute has launched a certificate providing financial professionals with climate-related investment expertise to meet market demand for staff with specific climate analysis skills. Incorporating practical and applied skills from practitioners based across the globe, the Climate Risk, Valuation and Investing Certificate is designed to support investors as they seek to account for climate-related … Read more

FRC scraps ESG changes to governance code following industry feedback

The Financial Reporting Council (FRC) has decided to take forward fewer than half its proposed changes to the UK Corporate Governance Code, with many ESG-related proposals dumped, following feedback to its consultation on the issue. Scrapped proposals include those relating to the role of audit committees on ESG, and modifications to existing code provisions around … Read more

Five takeaways from PRI in Person

The theme for this year’s PRI in Person conference, supported by the United Nations, was “moving from commitments to action”. Fittingly, much of the discussion focused on how investors and other market participants can accelerate the adoption of more sustainable practices. This year’s conference, held in Tokyo, provided a platform for Principles for Responsible Investment … Read more

Standard sustainable investment definitions were long overdue

A global effort to standardize investment terms related to sustainable investing is underway, and it is long overdue. Like trying to navigate without a map, communication can become potentially confusing without clear definitions and parameters. Equally, more specific definitions will help guide the financial sector to better understand the investment philosophies, approaches and aims of … Read more

Natixis IM appoints global head of client sustainable investing

Natixis Investment Managers has appointed Laura Kaliszewski as global head of client sustainable investing, leading a team that supports clients in its sustainable investing goals. Kaliszewski initially joined Natixis IM in 2020 and served as head of sustainable investment solutions, after gaining experience in sustainable and impact investing, portfolio management, credit and risk with firms … Read more

Investors call for ‘strong and robust’ Global Plastics Treaty ahead of talks

A group of nearly 30 international investors is urging governments to “maintain ambition” when it comes to creating a legally binding treaty on plastic pollution. Coordinated by the Dutch Association of Sustainable Investors (VBDO), the group has sent a letter to members of the High Ambition Coalition to End Plastic Pollution governments, which have a … Read more