Investors with a long-term view understand a company’s ability to deliver financial results, and therefore investment returns, depends on its ability to manage physical climate and biodiversity risks, while navigating future regulation and shifting consumer tastes. It’s a key reason for engagement on climate, nature and human rights. Without effective stewardship of portfolios, risks can be misunderstood or left unmitigated,…
AXA Investment Managers (AXA IM) announced today the appointment of Jane Wadia as Head of Sustainability, Core Products & Clients, responsible for leading AXA IM Core’s sustainable product strategy and external representation. The announcement marks the second recent sustainability-related appointment for AXA IM’s core investment platform, following the appointment in January of Thomas Coudert as Head of Sustainability, Core Investments….
In this Q&A, Ed Simpson, head of energy and infrastructure at Gravis Capital Management, shares his thoughts on the economic considerations surrounding the future of net zero in the UK, exploring the costs of implementation, potential long-term consequences of inaction, and the crucial need for diversification in energy generation. Why is the UK spending so much money trying to achieve…
The world is on an “unsustainable path” and more needs to be done by investors to direct capital towards mitigating climate change investment, professionals said as they react to the news global temperatures breached 1.5C for a year for the first time. Monthly data released by Copernicus Climate Change Service (C3S) last week showed temperatures have exceeded 1.5C for the…
Chemicals and materials science giant Dow announced today the completion of its inaugural green bond offering, raising over $1.2 billion to support the company’s decarbonization and circular economy strategies, including the construction of a new net zero emissions chemical plant in Canada. The issuance follows the announcement by Dow in November of its final investment decision to move forward on…
Netherlands-based PFZW, one of the largest pension funds in Europe, announced that it has exited its investment in over 300 fossil fuel companies, including Shell, BP and TotalEnergies, over a lack of convincing decarbonization plans, with only seven remaining in its portfolio. The announcement marks the end of a 2-year engagement process by the pension fund, which included a series…
Sustainable aviation fuel (SAF) technology company Velocys announced today that it has raised $40 million in growth capital, shortly after de-listing from the London Stock Exchange’s AIM market and indicating a need to raise capital to continue operating. The financing consortium included growth investors Carbon Direct Capital, Lightrock, GenZero and Kibo Investments. Kevin Bone, Partner at Lightrock, said: “We are…
China’s three major stock markets, the Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE), and Beijing Stock Exchange (BSE), announced the publication of new sustainability reporting guidelines for listed companies, including a new requirement for hundreds of larger cap and dual-listed issuers to begin mandatory disclosure on a broad range of ESG topics in 2026. With the announcement, China joins…