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…

For responsible investors, banks pose a unique challenge. Whereas other companies provide plenty of information about themselves, an investment bank’s activities are so extensive (and its loan book so impenetrable) that investors can often have little idea of what exactly they are funding.  Instead, they scrutinise a bank’s policies to see whether its activities align with their own values and…

Investors are reducing their exposure to emerging markets (EMs) despite positive growth signals, leaving plenty of opportunity for those that can buy in to companies at discounted prices, said Andrew Ness, emerging market portfolio manager at Franklin Templeton. Here, Ness discusses how investment in EMs is changing on the back of the global transition towards a cleaner future, and in…

The Belgian Presidency has decided to postpone the Corporate Sustainability Due Diligence Directive (CSDDD) vote in the Council of the EU today (9 February), following Germany’s announcement of abstention and the need for further discussions among EU Member States. As recently as Wednesday, the Institutional Investors Group on Climate Change, the Principles for Responsible Investment and the European Sustainable Investment…