- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

HSBC AM joins rivals in downgrading Article 9 Paris-aligned climate ETFs

The asset manager followed BlackRock, UBS AM and Invesco in downgrading their Article 9 ETFs

Energy company to review green projects after levy

The levy, unveiled in the Autumn Statement, hopes to raise £14bn.

Five Ways One Person Could Have A Big Impact When It Comes To Cutting Carbon

As more and more of us look at how we can make a difference

Autumn Statement 2022: Businesses in the energy sector contribute more

The tax will be limited to generators whose in-scope generation output exceeds 100GWh across a period and will only then apply to extraordinary returns exceeding £10 million.

COP27 and the 'E' in ESG. Avoiding accusations of greenwashing in the UK

Shareholders may also bring claims against directors for failure to comply with green commitments.

German bank launches green hydrogen funding platform

KfW's PtX offering will house two funds supported by the country's government

Vulnerable countries demand progress on climate change loss and damage fund

Rich nations including the UK are under pressure at Cop27 to agree a finance facility to pay for loss and damage to smaller nations.

Energy firms accused of profiteering with ‘horrendous rates’ for care homes

Care England calls for Ofgem investigation into suppliers’ practices in letter seen by the Guardian

EIB Global, AllianzGI plan to invest $100m in renewable energy projects

Fund will finance renewable energy projects in the Middle East, North Africa, Eastern Europe. and Central Asia

Green hydrogen: government lays down challenge for French industry

French President Emmanuel Macron has ambitious plans.

Climate engagement fintech ecolytiq offers green banking product for free during COP27

ecolytiq is looking to collaborate with financial institutions with at least one million retail customers to back up their words with action

Fidelity International expands climate range with high yield bond ETF

High yield corporate bonds

Individual Impact Investing Commission launched

The Commission has produced a report that argues many high-net-worth individuals (HNWI) and wealthy families want a more value-led approach to their wealth, especially the younger generation.

UK businesses get help on climate transition plans

The TPT is comprised of representatives from across business, academia, civil society, government and regulators. It is tasked with developing standards in relation to net zero transition plans under the government’s broader green finance roadmap.

ASA to take tougher stance over net zero and carbon neutral claims in UK ads

Brand and marketing experts at Pinsent Masons have warned of an increased burden on businesses to be clear about the claims they are making.

LSEG and Mizuho join forces for sustainability

The agreement will enable Mizuho to strengthen its offering to customers by combining LSEG’s expertise in innovative ESG and other sustainability solutions

Enel recognized as the first company fully aligned with Climate Action 100+ Net Zero Company Benchmark

This is a great achievement for Enel and it comes as a recognition of the company’s efforts towards providing climate-related disclosures

COP27 Finance Day: Building resilience for countries hit by natural disasters

Exchequer Secretary James Cartlidge, will set out how innovative new loan agreements will support countries most vulnerable to the effects of climate change.

Investors increase ESG support despite headwinds: ESG CIO survey 2022

The CIO survey revealed that clients were willing to choose higher-rated ESG investments, even if the potential financial return is lower.

Why climate investors need to prioritise those who are most affected

Maria Teresa Zappia, who's currently at COP27, explains why the "just transition" to a green economy must put people at its centre.

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