Banks

Border to Coast’s Colin Baines tells RI of his disappointment at BP’s recent announcement, as the £38bn pension pool ramps up efforts on banks and oil firms ahead of 2023 proxy season.

Investors forego fixed coupon in exchange for payments linked to emissions avoidance from Vietnamese water purification projects.

The latest ESG movers and shakers: Hanneke Smits named chair of 30% Club; Banque de France appoints Elsa Allman as CCC deputy head.

Danish fund is among investor signatories to letters to five European banks, including Barclays, Soc Gen and BNP Paribas, calling on them stop directly financing new oil and gas by end of 2023.

Thinking Ahead Institute set to create a calculation methodology to estimate appropriate levels of resources that investors should be prepared to dedicate to have real-world impact.   

The latest developments in sustainable finance: NBIM warns directors to address climate and social; Marsh faces complaint for role in EACOP.

Separately, UK researchers have flagged possible bottlenecks for transition-critical minerals.

The latest ESG movers and shakers: IFRS appoints Nathan Fabian to advisory council; EFRAG promotes Chiara Del Prete to group chair.

Companies with more senior women have better overall gender representation; IFC subscribes $200 million to Itaú Unibanco's gender bond.

The latest ESG movers and shakers: Credit Suisse poaches Chow from HSBC AM, Climate Bonds Initiative loses LatAm head.