Australian regulator launches greenwashing litigation against superfund
The Australian regulator has launched court action against 'superfund' Mercer Super for misleading its sustainable fund investors over its involvement in fossil fuels.
Asset manager biodiversity action 'lagging' behind other ESG themes
Biodiversity fund assets triple in 2022 to nearly $1bn
Assets in biodiversity funds passed $984 million at the end of 2022, with a flurry of strategy launches despite macroeconomic woes, Thomas Cox reports
BNP Paribas sued over fossil fuel funding, in 'first of many' banking lawsuits
Three French NGOs are taking BNP Paribas to court, in a "historic" lawsuit alleging that it has avoided legal obligations to stop financing the expansion of fossil fuels.
Demand for circular & blue economy ETFs slows finds BNP Paribas
EIB raises $5bn from record-breaking green bond
The European Investment Bank (EIB) has raised $5 billion from the largest ever US dollar-denominated green bond from a supranational, with the size of the orderbook also setting a record.
Banks invest $45m in carbon offset trading platform
BNP Paribas is among nine banks who have invested $45 million together in voluntary carbon credit trading platform Carbonplace.
BNP Paribas promises 'less talk, more action' on biodiversity in 2023
Investors are likely to ramp up engagements on biodiversity in 2023, and this could lead to more shareholder resolutions, BNP Paribas Asset Management has said.
BNP Paribas: 'Unique' index-linked social bond is scalable
BNP Paribas said its "unique" €50 million ($53 million) social bond with three social-focused structuring elements is scalable,...