Blackstone invests $3bn in Invenergy
Blackstone Infrastructure Partners has announced a $3 billion investment in Invenergy Renewables.
Climate
Germany criticises EU gas labelling plan
German ministers have criticized EU plans to label natural gas and nuclear energy as a sustainable.
Schroders launches climate leaders fund
Schroders has announced the launch of the Schroder ISF Global Climate Leaders fund.
FCA new rules on climate-related disclosures
The UK Financial Conduct Authority will introduce new rules on 1 January 2202 requiring issuers of listed shares and asset managers to disclose how they will meet the recommendations of the TCFD.
Low Carbon hires head of sustainability & ESG
Low Carbon has appointed Harriet Parker as Sustainability and ESG Manager.
Northern Trust offers climate reporting service
Northern Trust has launched New Climate Focus Reporting, providing institutional investors with climate risk metrics.
Moody’s launches dataset to assess net zero
Moody’s ESG Solutions has launched Temperature Alignment Data, a product that assesses how companies’ emissions targets align with net zero.
Lazard launches Climate Center
Lazard has announced the formation of the Lazard Climate Center to provide insights on the financial effects of climate change and the energy transition on companies and markets.
VTB Capital says $1.1tn to decarbonise Russia
It will require investments of $1.1tn to reduce greenhouse gas emissions from the Russian economy by 50% before 2060, says VTB Capital.
Investing for Climate Justice
Cambridge Associates has published new research in which the firm argues that all investors would benefit from understanding the risks and opportunities associated with climate justice in order to progress change.