Private markets

The latest ESG movers and shakers: David Hickey departs Lothian Pension Fund, OTPP head of RI moves to GMO.

The latest developments in sustainable finance: Most pension funds 'do not believe net-zero commitments are achievable', UK government plans legislation to block Israel boycotts.

The £37bn fund says the key for improvement is integrating climate and net-zero considerations into mandates.

The latest developments in sustainable finance: UN asks Sri Lanka to consider "debt-for-nature" swaps; Glasgow Financial Alliance for Net Zero under fire by NGOs; EU grants France €70bn for sustainable finance investments.

Comments come as Net Zero Asset Owner Alliance renews call for blended finance proposals from asset managers.

Brookfield and Grok Ventures will no longer bid for the Australian energy giant, after the consortium's latest offer was deemed ‘well below’ the fair value of the firm

The latest developments in sustainable finance:  Singapore will raise its carbon tax fivefold to $25 per tonne in 2024; EU's corporate sustainability reporting regime rolls on; Blackstone swears off upstream oil and gas.

The latest developments in ESG-related funds: Asian sustainable high yield fund; Cardano partners with Big Society Capital

The latest developments in ESG-related funds

Rapid technology changes are promising investors the cities of the future will be greener and more inclusive than ever before. But some smart city funds have encountered problems, explains Chris Walker