Archive

BNP Paribas launches €125m social bond fund

BNP Paribas has launched a €125 million ($140 million) social bond fund that also incorporates an innovative microcredit financing strategy.

People Moves 12 November: Blackstone, JP Morgan, BNP Paribas and more

COP26 round-up, 2 November: India, deforestation and methane

A brief summary of the biggest news related to COP26 in Glasgow on 2 November.

EDF signs first corporate 'green' repo with BNP Paribas

French utility giant EDF has signed the first corporate 'green' repo agreement with BNP Paribas, whilst the French lender forecasts "exponential" growth for this instrument in the future.

Immediate action needed to keep 1.5°C in sight, says PRI

As governments prepare to start the COP26 negotiations at the end of the month, they have been warned that an immediate ramp-up in energy & land use policy is needed to keep the goal of restricting warming to 1.5°C in sight.

£100bn orderbook for record-breaking £10bn UK green bond debut

The UK secured a £100 billion ($137 billion) orderbook for its £10 billion maiden sovereign green bond, making it both the largest sovereign sustainable bond ever issued and the largest ever orderbook.

'Even leading banking practices fail basic climate, biodiversity tests' - ShareAction

Most of Europe's largest banks have targets to reduce their greenhouse gas emissions to net zero - but very few banks have taken concrete steps to achieve this and even leading practices in the sector fail "basic" quality tests, according to research by non-profit ShareAction.

Majority of 'climate' funds 'not aligned with Paris Agreement'

The majority of climate-themed equity funds are not aligned with the Paris Climate Agreement...

BlackRock, Temasek and Amundi among G7 Impact Taskforce members

Investment managers including BlackRock, Temasek and Amundi are among dozens of members of a global Impact Taskforce to promote financing that creates positive social and environmental impact.

$14trn investor group pushes for AGM vote on 'net zero' claims

A group of 53 investors with a combined $14 trillion of assets under management has called for new climate-related corporate governance measures, including an annual general meeting (AGM) vote on corporate 'net zero' transition plans.