Archive

  • Cubico refinances solar project with €250m green loan

    11 June 2020

    Cubico Sustainable Investments has achieved financial close on the refinancing of the 50MW Arenales concentrated solar power (CSP) project in Seville, Spain.

  • TPG Rise Fund invests in US financial inclusion startup

    05 June 2020

    Mobile banking company Varo Money has closed a $241 million funding round, which included investment from TPG's Rise Fund.

  • Guernsey launches green private equity principles

    01 June 2020

    The British territory of Guernsey has launched a set of voluntary green private equity principles, which, it says, are aligned with the Task Force on Climate-related Financial Disclosures (TCFD) and the EU Taxonomy on Sustainable Finance.

  • Deutsche Bank sets 'ambitious' sustainability targets

    15 May 2020

    Deutsche Bank outlined targets which will see the German lender boost sustainability assets to over €200 billion ($217 billion) by 2025 and issue its first green bond.

  • BlackRock and Amundi to benefit if coronavirus accelerates ESG trends

    12 May 2020

    If the coronavirus pandemic boosts environmental, social and governance (ESG) trends from investors, BlackRock and Amundi screen highly as stocks positioned to benefit.

  • A fifth of Barclays investors back fossil fuel financing phase out

    07 May 2020

    More than a fifth of investors in Barclays backed a shareholder resolution urging the FTSE 100-listed lender to outline a plan to phase out its financing for fossil fuel firms.

  • Morgan Stanley raises $110m climate impact fund

    05 May 2020

    Morgan Stanley has raised $110 million at final close for a 'global climate impact fund' that will invest in private markets.

  • M&G and EOS support Barclays fossil fuel funding resolution

    01 May 2020

    M&G Investments and EOS have confirmed they will support a shareholder resolution calling on Barclays to phase out its funding for fossil fuel firms, but Norway's sovereign wealth fund will not be supporting it.

  • Barclays' new targets won't cause pension funds to drop climate resolution

    29 April 2020

    Two UK local government pension funds announced they will vote in favour of Barclays' proposed net-zero emissions ambition resolution, but will still back a climate resolution pressuring the lender to strengthen its commitments.

  • Reputational benefit is main incentive for green bond issuance

    22 April 2020

    The likelihood of an enhanced reputation is the most important driver behind the issuance of green bonds, according a survey of treasurers by the Climate Bonds Initiative (CBI).