UK-based bank Barclays published a new sustainability-focused presentation for investors, revealing that revealed that it earned approximately £500 million (USD$660 million) in revenues from sustainable and transition finance activities in 2024, and indicating that its sustainable and transition finance volumes have accelerated over the past few months. In the H1 2025 sustainability presentation, Barclays also reiterated its ambition “to be…

A group of state treasurers and financial officers from 21 U.S. states* has sent a series of letters to the CEOs of several major investment firms including BlackRock, JPMorgan Chase, Goldman Sachs, and others,** warning the firms against embedding sustainability and climate considerations – or even the EU’s CSRD regulation – in their investment strategies and engagement and proxy activities….

Renewable energy fund manager Octopus Australia announced a significant new partnership with Dutch pension asset manager APG Asset Management (APG), in which the pension fund investor will commit over A$1 billion (US$640 million) to Octopus Australia’s flagship renewable energy platform OASIS. The deal will accelerate the growth of Octopus Australia’s platform and its pipeline of utility-scale solar, wind, and battery…

Investment manager Nuveen, and its sustainable commercial real estate financing solutions business Nuveen Green Capital (NGC), announced today that it has raised $785 million in new capital commitments to Nuveen C-PACE Lending Fund III, aimed at enabling insurance investors to finance energy efficiency and sustainability projects for commercial real estate. C-PACE (Commercial Property Assessed Clean Energy) is a public-private financing program…

The government of Australia announced a significant expansion of its Capacity Investment Scheme (CIS), its key tool aimed at de-risking investments in clean energy at scale, with a new target to deliver an additional 40 GW in renewable energy and storage capacity by 2030, up from its prior 32 GW goal. The CIS program is aimed at accelerating the rollout…

The European Commission announced today the adoption of the voluntary standard for SMEs (VSME), a new sustainability reporting standard aimed at enabling micro-, small- and medium-sized companies to report on ESG issues in a simplified and consistent way and to respond to requests for sustainability information from financial institutions and large companies. While the VSME was initially developed to provide…

The U.S. Environmental Protection Agency (EPA) announced the release of a new proposal aimed at rescinding the landmark 2009 Greenhouse Gas Endangerment Finding, which would effectively remove the U.S. government’s ability to regulate greenhouse gas (GHG) emissions from carbon-intensive industries including the automotive and energy sectors. The 2009 Endangerment Finding by the Obama-era EPA found that GHG emissions endangered public…

After more than 40 years in the investment industry, Andrew Parry is stepping back from investment management and, most latterly, his role as head of investment at JO Hambro Capital Management (JOHCM).  Known for his early adoption of sustainability principles in mainstream investing, Parry’s retirement marks the end of a career that has spanned the City’s old-school culture through to…

The 2025 proxy season revealed a decisive shift in shareholder priorities. While the volume and support for environmental and social proposals declined, investors turned their attention to board accountability, pay alignment, and a new frontier: AI governance. See also: What AI really means for asset management: How firms can prepare In the US, shareholder proposals dropped by around one-third. Just…

Alternative asset management firm Ares announced the formation of Tango Holdings, a new joint venture with Shell subsidiary Savion Equity, to invest in solar power generation in the U.S. The new entity is jointly owned by the two firms, with Ares owning 80% and Savion 20%. Founded in 2019, Savion has been focused on the development of large-scale solar and…