Directing capital to credit will drive emerging markets’ net-zero transition

Institutional investors need to be driving capital flows towards emerging markets (EM) credit for the transition to net zero to be successful, according to the sustainability team at Ninety One. Nazmeera Moola, chief sustainability officer, and Annika Brouwer, sustainability specialist, spoke at a recent event about the lack of investments directed towards this asset class … Read more

ISSB: Everything you need to know

Last month,  the launch of the International Sustainability Standards Board (ISSB) S1 and S2 sustainability reporting standards was called a “landmark day for the global economy and the financial sector” first two IFRS Sustainability Disclosure Standards developed by the ISSB, and serve as a comprehensive global baseline of sustainability disclosures for the capital markets. The … Read more

Fund in focus: abrdn’s ESG rating scale finds opportunities in Japan equities

In this series for ESG Clarity Asia, Morningstar dives into ESG funds available in Asia, analysing their investments, performance and ESG credentials. For this latest article, Morningstar’s Samuel Lo takes a look at the Abrdn Japanese Sustainable Equity Fund. Abrdn Japanese Sustainable Equity follows a quality-focused investment approach that has been time-tested and consistently executed over the years. The strategy’s Luxembourg-domiciled … Read more

Climate engagement provider ecolytiq selected as ‘Startup of the Year’ at the 2023 PayTech Awards

Reading Time: 2 minutes   5th July 2023: ecolytiq has been recognised as a leader in the European fintech scene by one of the payment industry’s most prestigious awards for its comprehensive climate engagement product suite for banks and financial institutions.   When it comes to climate action, banks cannot afford to delay taking on leadership … Read more

ShareAction issues ‘ambitious’ definition of responsible investment

ShareAction has issued a challenge to the financial sector to use its new definition of ‘responsible investment’ in a bid to raise standards, and help prevent greenwashing and misleading claims. The campaigning charity’s definition is: “Responsible investment is a transparent approach, embedded throughout the investment process, that takes the positive and negative impacts on people … Read more

Mitigating deforestation risks in portfolios

Deforestation risks are starting to translate into financial risk for corporates, according to Gabriel Wilson-Otto, head of sustainable investing strategy at Fidelity.  Speaking in a webinar entitled Nature Positive: the new Net Zero with Jenn-Hui Tan, global head of stewardship and sustainable investing, and Velislava Dimitrova, portfolio manager of the FF Sustainable Biodiversity Fund, Wilson-Otto said the firm … Read more

Fund in focus: Ninety One sustainable manager’s passion pays off

In this new series for ESG Clarity EU, Hargreaves Lansdown dives into ESG funds available in the UK and EU, analysing their investments, performance and ESG credentials. For this latest article, Dominic Rowles takes a look at the Ninety One UK Sustainable Equity fund. The Ninety One UK Sustainable Equity fund invests in companies making a positive contribution to … Read more

The role of debt for nature swaps

The government of Ecuador recently announced the world’s largest debt for nature swap, under which it will exchange $1.6bn in sovereign bonds for a $656m ‘Galapagos bond’, structured by Credit Suisse.   As well as reducing the country’s debt burden, and creating much lower debt service costs, the transaction will release an annual amount of … Read more

Thai taxonomy first phase focuses on decarbonising energy and transport

The Bank of Thailand (BOT) and the Securities and Exchange Commission (SEC) have published a draft of Thailand’s sustainable finance taxonomy. Phase one of the taxonomy, a classification system of economic activities deemed environmentally sustainable, focuses on the energy and transportation sectors. These were selected for two reasons: their significant volume of greenhouse-gas (GHG) emissions and … Read more