Frances Schwartzkopff

The European Central Bank is imposing additional so-called haircuts on collateral that poses a climate risk, to guard against possible losses.

Europe's bank watchdog will look at how exposed lenders are to heat-related risks, as temperature records keep getting broken.

Amundi SA wants the European Union to free asset managers to add oil and gas exposures to a new fund category intended to support the transition to a lower-carbon economy.

America’s ambassador to the European Union said Brussels needs to relax corporate rules designed to protect the environment and human rights, linking the US’s demands to a trade agreement struck last year.

The US is doubling down on its efforts to quash European environmental and human rights rules it says unfairly impact American companies.

The asset management arm of JPMorgan Chase & Co. says Europe’s planned “transition” fund label risks unnecessarily excluding assets from an important source of financing.

The European Central Bank faces pushback over its decision not to fully disclose its formula for calculating how a growing emphasis on climate risk will impact the value of collateral.

The fund managing the wealth of the Danish billionaires behind Lego A/S intends to significantly ramp up investments in plastics technologies, as Europe prepares to enforce much stricter recycling rules.

The fund managing the wealth of the Danish billionaires behind Lego A/S intends to significantly ramp up investments in plastics technologies, as Europe prepares to enforce much stricter recycling rules.

Climate unit of Kirkbi A/S wealth fund plans to add more investment.