HSBC launches ESG solutions unit
HSBC is forming a new ESG solutions unit to provide clients with advice on sustainable investments.
Companies
Deutsche Bank to end activity in coal mining
Deutsche Bank has adopted a new fossil fuels policy to end its global business activities in coal mining by 2025.
MS joins carbon accounting partnership
Morgan Stanley has joined the Partnership for Carbon Accounting Financials global Steering Committee focusing on measuring financed emissions.
HSBC launches ESG portfolio reporting service
HSBC has launched a reporting service for asset owners and managers.
Climate change and investment returns
Climate change will have a profound impact on investment returns over the next 30 years, though not all markets will be affected equally, say Schroders.
US DoL looks to curtail ESG investments
The US Department of Labor has proposed a rule that pensions cannot invest in ESG funds that negatively impact returns.
Deutsche Bank leads three green bond issues
Deutsche Bank has led three green bond issues in the past week despite a sharp drop in issuance this year.
ESG in Asia to grow says Standard Chartered
ESG investing in Asia is set to growth strongly in the coming years according to Standard Chartered.
Octopus Renewables acquires two UK wind farms
Octopus Renewables, the specialist clean energy investor arm of Octopus Group, has acquired two UK operational ROC accredited onshore wind farms with a combined capacity of 16.8MW.
SEC expresses concern about ESG disclosures
SEC Commissioner Elad Roisman has expressed “serious reservations” about mandating ESG disclosures by public companies.