Pension firms and asset managers could face restrictions on how they use terms like “green”, “sustainable” or “ESG” when naming and marketing funds and investments under new FCA rules, designed to a...
The global economy is “significantly behind schedule” when it comes to meeting 2050 net zero goals, according to new research from a leading asset management. However, despite this bleak assessment, BNY Mellon...
The Advertising Standards Authority has banned a series of HSBC advertisements, saying they made “misleading” environmental claims. This is the first time the regulator has ruled against a bank for misrepresenting its...
Growth in renewable energy projects in the US could be hit by extreme weather risk, making it hard to get insurance for these schemes. The latest market insights report, by GCube Insurance...
Legal & General is offering a new ‘expression of wish’ service with Tumelo, allowing trustees to identify the ESG issues that matter most to their members. It says this new digital service...
Smart Pension’s default fund is now fully sustainable, according to the master trust provider, incorporating an increased number of investments with a specific focus on ESG issues. Smart says this announcement means...
Significant FTSE100 corporations' pension assets are producing seven times more carbon emissions than their respective businesses, according to a new analysis by Richard Curtis' climate finance campaign Make My Money Matter and...
Returns from ‘green’ infrastructure are expected to fall in the near term, and are likely to be below returns available on traditional infrastructure - which may have a far higher carbon footprint....
The pension investments of major FTSE 100 companies finance seven times more carbon emissions than their sponsoring UK companies, according to the latest data from Make My Money Matter and Scottish Widows....
The majority of asset managers agree that it should be mandatory for companies to report both their direct greenhouse gas emissions and those related to electricity use — known as Scope 1...
