article thumbnail

SFDR: Market Divided on Future of Article 8, 9 Funds

Chris Hall

Market participants flag importance of double materiality to enhance Article 8/9 definition alignment, stress need to recognise transition strategies. Risk of uncertainty French asset manager Mirova’s response said the current definition of Article 8 products is “too broad”, while the definition of Article 9 is “too narrow”.

article thumbnail

MetLife 2022 Sustainability Report: Creating Value as an Investor

3BL Media

1 Represents responsible investments managed by MIM at estimated fair value as of December 31, 2022. 2 For definitions of responsible investments, impact investments and green investments, please see pages 96 and 97 of the Sustainability Report PDF. 3 Annual investments in 2022.

Net Zero 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

Investment Flows into Transition-Focused Funds Doubles Green Funds: ESMA

ESG Today

In ESMA’s new report, the regulator noted that while a clear framework or definition for transition funds does not yet exist, these funds already appear to be taking a homogeneous investment approach, with a much higher degree of similarity relative to green funds.

article thumbnail

260-MW Brazoria West solar project in Texas acquired by S&B USA

Renewable Energy World

S&B USA (previously Shikun and Binui America) has signed a definitive agreement to acquire 100% of Brazoria West Solar Project with 260 megawatts (MWdc) (200 MWac) of planned solar energy capacity from Savion, part of Macquarie’s Green Investment Group.

article thumbnail

Women Climate Leaders Make a Difference in Communities Worldwide

3BL Media

Christy Owen is Pact’s Thailand country director and chief of party for USAID Green Invest Asia , which helps agriculture and forestry businesses in Southeast Asia to improve their sustainable commodity production and sourcing, as well as manage environmental risks.

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

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.