Remove Banking Remove Definition Remove Green Investing
article thumbnail

Banks Must Radically Change Climate Perspective

Chris Hall

Around 90% of EU banks are exposed to climate transition risks, recent analysis from the ECB shows. Banks globally are increasingly feeling two-pronged pressure from regulators and investors to up their climate ambition and stop financing fossil fuels.

Banking 75
article thumbnail

Redefining ‘Business as Usual’: Three Ways to Overcome Barriers to ESG and Climate Finance

James Militzer

Meanwhile, most people – 79% overall and 90% of investors under age 45 – say they want to invest in socially and environmentally friendly ways. Each ESG rating provider uses its own arcane definitions, metrics and systems, generally without regulatory oversight, rendering comparability nearly impossible.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Take Five: Green Means Green

Chris Hall

It had previously been possible to launch an EU environmental opportunities fund, claiming Article 8 classification under the Sustainable Finance Disclosure Regulation (SFDR) , while allocating as little as 10% of assets to demonstrably green investments.

article thumbnail

China, Singapore Launching Green Finance Taskforce

Chris Hall

The taskforce will explore collaboration in areas such as standards and definitions, green and transition financing solutions, data and technology enablers to catalyse green financing flows. “The

Banking 52
article thumbnail

UK Must “Harness the Power” of its Green Taxonomy – GTAG

Chris Hall

Levick also noted that the taxonomy could be employed via initiatives such as a net zero test, which the UK might apply to all its public investment decisions, utilising the taxonomy to evaluate whether investments align with the its definition of ‘green’.

Banking 59
article thumbnail

Greenwashing Risk Grows in China ESG Funds

Chris Hall

As a result, the NGO warned greenwashing – whereby funds make sustainability claims that are not backed up by the performance or impact of their investments – was a rising concern in the world’s second-largest economy. The guidelines define the concept of green investment, and set out basic objectives, principles, and methods of supervision.

article thumbnail

ING’s SDG Fund Champions “Impactful” Investment

Chris Hall

ING Asset Management’s new SDG Impact Strategy will provide clients with exposure to companies that contribute specifically to the 17 UN Sustainable Development Goals (SDGs), responding to strong demand for ‘dark greeninvestments. billion from January to April.