JPMorgan says ‘trailblazing’ rules to boost India’s ESG market
According to JPMorgan Chase & Co., India’s new rules for environmental, social and governance (ESG) investments and ratings will not only attract more investors to the nation’s $1.4 billion market but also likely to serve as a model for other countries.
Less than 5% of Banks Have Set Net Zero Commitments Across all Financing Categories: TPI Report
According to a new analysis released by the Transition Pathway Initiative’s (TPI) Global Climate Transition Centre, less than 5% of banks only, are disclosing a net zero target covering all financing activities.
Amazon Signs Deal for Low Carbon Shipping with Maersk
Integrated container logistics company A.P. Moller – Maersk and Amazon announced an agreement for ocean shipping utilizing low to very low GHG emissions biofuels, in place of fossil fuels, which will result in an estimated 44,600 metric tons of CO2e emissions reduction.
Fidelity International expands fund range with Article 9 strategies
Fidelity has launched two active Article 9 funds that aim to achieve capital growth over the long term by investing in sustainable investments. Moreover, four of Fidelity’s sustainable range of funds have been reclassified from SFDR Article 8 to Article 9.