Archive

A group representing investors with €65 trillion ($70 trillion) in assets under management has published a set of expectations for banks, as they push for more details on how banks will act on pledges to achieve net zero emissions.

Once seen as the next exciting frontier in sustainable fixed income, the take-up of transition bonds has so far underwhelmed the market. But could the beleaguered label stage a fight back, asks Ahren Lester

The World Benchmarking Alliance has revealed the 2,000 companies that it believes have the greatest influence on global progress towards a "more sustainable future" ahead of ranking them for progress.

Only 20% of Hong Kong's largest companies have good compliance with international sustainability guidelines, according to Standard Ethics.

La Banque Postale has issued its first green bond, raising €750 million ($849 million).

Xiaofei Guo has been promoted to become vice president of sustainable finance at ING.

Getlink said its inaugural green bond had been "comfortably oversubscribed", helping it raise €550 million ($635 million) rather than the €500 million originally envisaged.

Legal & General Investment Management (LGIM) has named the companies it regards as leaders and laggards on climate change issues, as part of its attempt to remove climate-related risk from its £5 billion ($6.7 billion) Future World funds.

German index provider Solactive has launched a green bond index that tracks investment-grade euro and dollar-denominated issuances.