Archive

One-third of banking sector signs Principles for Responsible Banking

A set of principles designed to hardwire sustainability into the global banking industry has been formally launched with the backing of more than 130 banks – which together represent one-third of the global banking sector's assets.

People Moves: Goldman Sachs, GRI, Metzler

Bond round-up: Westpac, CGNPC, Prologis, Hera, Hannon Armstrong ... and more

Bond round-up: Chile, Korea, Engie, CDC, Vattenfall, BayWa, RATP … and more

ESMA urges EU Commission to increase sustainability regulation

The European Commission has been urged by an EU supervisory authority to introduce regulation, rather than non-binding guidelines, in areas such as requiring sustainability-related disclosures and accreditation of green bond second opinion providers.

Coal utilities boosted by €16bn since Paris Agreement, say NGOs

Eight financial institutions have given Europe's 'most polluting utilities' almost €16 billion ($17 billion) in support since the Paris Agreement was signed in December 2015, a new briefing by NGO Europe Beyond Coal has found.

Stephanie Sfakianos to leave BNP Paribas

Stephanie Sfakianos, head of sustainable capital markets, will depart from BNP Paribas.

27 firms sign up to green finance principles for Belt and Road

A set of green financing guidelines for China's Belt and Road Initiative (BRI) has received backing from 27 firms around the world.

People Moves: BNP Paribas Asset Management, Allianz GI, BlackRock, Pivot Power, Green Investment Group and Renewables Consulting Group

Gabriel Wilson-Otto has joined BNP Paribas Asset Management (BNPP AM) as head of stewardship for Asia-Pacific at its Sustainability Centre.

Investors face rising biomass risks, says ShareAction

Investors are exposed to increasing financial and reputational risks from investments in biomass energy, as the greenness of the fuel is becoming more and more doubtful, an NGO has argued.