Cibus Capital hires head of natural capital

Sustainable food and agriculture investment firm Cibus Capital has hired Kristen Weldon as a partner and to take on the newly created role of head of natural capital. In this new role, Weldon will focus on the integration of natural capital across Cibus’ existing strategies as well as the launch of future strategies dedicated to … Read more

Investors adopt ‘wait and see’ approach to renewable energy infrastructure

For those who want their investments to support the transition to net zero, renewable energy infrastructure is an obvious choice. Access to this asset class has been made much easier over the past 10 years, with the launch of more than 20 London-listed investment companies involved in renewable energy generation, energy efficiency or battery storage. … Read more

Climate action finance tops $1trn for the first time

Annual climate finance flows for 2021 surpassed $1trn for the first time, according to a study from the Climate Policy Initiative (CPI). However, flows will need to increase by at least five-fold annually by 2030 to avoid the worst impacts of climate change. According to CPI’s Global Landscape of Climate Finance 2023, the average annual … Read more

Loss and damage fund deal reached

Countries came to an agreement on a set of recommendations for how a loss and damage fund would function over the weekend. A loss and damage fund to assist developing countries most vulnerable to climate change was agreed at the eleventh hour at COP27 last year in Egypt. Recent talks were reported to have ended … Read more

‘Massive failure of governance’: Leadership lessons as Odey AM closes

The workplace environment allowed to persist at Odey Asset Management has been described as a “massive failure of governance”, as the business closes following a wave of sexual harassment allegations against its founder and CEO Crispin Odey. A culture of silence in financial services about sexual misconduct is thought to have allowed such alleged abuses … Read more

LGIM adds sovereign risk to ESG framework for EM bond fund

Legal & General Investment Management (LGIM) has introduced an Article 8 bond fund that offers a “sovereign risk ESG framework” to investors. The L&G Future World ESG Emerging Markets Government Bond Local Currency Index fund will consider geopolitical stability in addition to more commonly used ESG criteria, with the hopes of incorporating factors such as … Read more

STACS upgrades ESGpedia to plug Asia ESG data gap

STACS, the Singapore-headquartered ESG data and solutions company, has launched upgrades to its ESGpedia platform to help financial institutions comply with ESG regulatory requirements across Europe and Asia.   Upcoming mandatory ESG rules in Europe will require financial institutions to report on their value chains, which include SMEs and private companies based in Asia.   To comply, … Read more

‘Everything you do needs to have accessibility in mind’

Being a disability-inclusive employer has brought challenges and benefits to financial firms such as Morningstar, Invesco and Axa UK and Ireland, including leading to workplace policy adjustments in some cases. Speaking at an event, Demystifying Disability Confident, hosted by the Diversity Project last month, members of the financial industry discussed their efforts to create accessible … Read more

Using correct pronouns crucial in shaping business and society

In today’s ever-evolving society, the significance of inclusive language and pronouns cannot be overstated. Language serves as a powerful tool for communication and social interaction, shaping the way individuals perceive and relate to the world around them. Inclusive language and the utilisation of appropriate pronouns play a crucial role in fostering an environment of respect, … Read more