Firms expanding fossil fuel production could be included in new SFDR transition category
The EU could allow firms actively expanding oil and gas exploration to be included in new transition funds amid lobbying from the fossil fuel industry
Europe
Speaking the same language: ABN Amro IS on net zero ambitions and manager alignment
As US and European investors diverge on climate commitments, ABN Amro IS’s Margot Seeley discusses how the firm uses engagement, voting transparency, and mandate structures to ensure manager alignment with net zero goals
Asset owners call for ‘evolution not dilution’ of EU emissions trading rules
Amidst the on-going ETS review, a joint statement signed by 46 investors has been endorsed by the NZAOA
Energy investors shift focus to demand-side assets
Infrastructure investors are increasingly targeting batteries, heat pumps and data centres as volatile power markets, electrification and rising digital demand reshape the infrastructure landscape
Investors warn EU against linking Arctic fossil fuels to energy security
Ahead of the upcoming strategy update, investors have called for maintaining fossil fuel exploration restrictions
Impax private market fund to exit French onshore wind portfolio
The 88MW portfolio will be sold to Octopus Energy Generation’s Sky fund
Nordea exits environmental project finance network
Despite its exit from Equator Principles, the lender says it continues to apply ESG criteria in project finance decisions
Pension funds consult members on climate investing
Pension funds, including Dutch Pensioenfonds Detailhandel and British DC fund Nest, are increasingly consulting members as they navigate competing pressures over climate investing and fiduciary duty.
DWS launches thematic equity ETF for electric technology
The ETF will track the Nasdaq Global Electrification Technologies and Smart Grid Index
Nordea Asset Management wins inaugural Kiwi sustainable equity mandate
The sub-management mandate from Pathfinder Asset Management marks Nordea’s entry into the New Zealand market
EIB, Commerzbank to mobilise €2bn for EU grid investment
EIB will provide the German bank with a €250m guarantee to overcome investment barriers