AXA IM Launches Carbon Transition Credit Fund Backed by LifeSight
• AXA Investment Managers has launched a UK domiciled global core credit fund with a formal net zero decarbonization objective, seeded by LifeSight with up to £1bn ($1.27bn) expected by 2027.• The fund adopts the UK’s SDR Sustainability Improvers label, aligning pension capital with issuers on credible net-zero pathways while maintaining broad global credit exposure.• […]
BlackRock Loses €5 Billion Dutch Pension Mandate as Sustainable Investing Concerns Grow
BlackRock loses a €5 billion Dutch pension mandate as PME ends its relationship with the asset manager. The decision reflects growing European scrutiny of asset managers’ climate action and ESG stewardship. The move follows a similar withdrawal by Dutch healthcare pension fund PFZW earlier this year. PME pulls €5bn mandate from BlackRock BlackRock loses a […]
Microsoft Signs 3.6 Million Ton Carbon Removal Deal With C2X
• Microsoft commits to purchasing 3.6 million metric tons of engineered carbon removal over 12 years from a single US project, signaling long-term demand for durable removals.• The $2.5 billion Beaver Lake project links bio methanol production with permanent CO2 storage, targeting shipping, aviation, and industrial decarbonization.• The agreement embeds rigorous lifecycle accounting, ICROA-endorsed verification, […]
Businesses Without Transition Plans Risk Higher Costs And Missed Growth Opportunities, ERM Council Warns
• Climate and nature risks are already driving supply chain disruption, insurance gaps, and rising capital costs across sectors• Companies that integrate climate and nature into core strategy can protect enterprise value and unlock new commercial growth• CFO grade transition planning is emerging as a governance and capital allocation priority for boards and investors As […]
ADB Approves $500 Million Loan to Scale Philippines Blue Economy, Climate Resilience
• ADB commits $500 million in policy based financing to strengthen marine ecosystem governance, waste management, and blue economy investment in the Philippines.• Blue economy sectors already contribute Php1.01 trillion ($17.17 billion) or 3.8 percent of GDP, with growth constrained by climate risk and ecosystem degradation.• The program aligns national development, adaptation, and climate targets […]
