Archive

Pimco engages with 175 issuers for ESG portfolios

Norwegian oil fund exits stakes in 12 firms on ESG concerns

The giant Norwegian oil fund has excluded a dozen companies from investment due to environmental, social, and governance (ESG) concerns, including mining giants such as Anglo American, Glencore and Vale in which it was a major shareholder.

Winners revealed in Environmental Finance's Bond Awards 2020

Environmental Finance's Bond Awards were expanded again this year to reflect the growth and evolution of the green, social and sustainability (GSS) bond markets and to include the nascent GSS loan market.

Sustainability-linked bonds 'could outgrow green bond market', says ICMA's Pfaff

The nascent sustainability-linked bond market could outgrow the green bond market, according to the International Capital Market Association, which administers the Green Bond Principles.

LGIM praises Enel's SDG-linked bond

Legal & General Investment Management has weighed in to the debate on Enel's controversial 'Sustainable Development Goals-linked bonds', arguing that they are "better" than green-labelled issues.

HSBC: Enel SDG bonds could be a 'backward step'

HSBC has weighed into the debate on Enel's sustainability-linked bond, criticising the offering as a backwards step because its proceeds are not earmarked for green projects.

Sustainability-linked bonds complement and bolster the sustainable finance market

Sustainability-linked bonds have the potential to entice issuers, diversify economic options available to investors, and encourage outcome-focused sustainable finance, argue Aaron Franklin, Paul Davies, Ignacio Domínguez and Kristina Wyatt.

Enel's sustainability bond was greenwashing, says Nuveen

Enel's innovative €2.5 billion sustainability-linked bond has been branded greenwashing by Nuveen, one of the biggest investors in green bonds.

Bonds round-up: Enel, Ireland, EBRD, IADB ... and more

Enel's SDG-linked bond strategy 'doesn't mark the demise of the green bond market'

Banks and investors have dismissed claims that the green bond market faces an uncertain future following the issue of Enel's €2.5 billion Sustainable Development Goals (SDG) linked bond.