Archive

People Moves, 23 May: The Nature Conservancy, Robeco, Lloyds Bank ... and more

Greenwashing risk scaring off competitors, says Impax, as it records £11.9bn AUM fall

A turnaround in performance since the start of the year and less competition could help turn around the fortunes of Impax Asset Management, says CEO Ian Simm, after it suffered an £11.9 billion ($16 billion) fall in assets under management.

Issuance-level sustainable bond ratings can 'highlight refinancing risk'

Investors are increasingly looking at the potential for instrument-level sustainable bond ratings to help tackle the challenge of 'greenwashing' risk associated with bond and project refinancing.

Royal London acquires UK infra asset manager

Cambridge Associates 'wouldn't recommend' biodiversity credits

Cambridge Associates would not recommend biodiversity credit-based strategies to investors, telling an Environmental Finance conference that biodiversity co-benefits in the carbon market are likely to be prioritised instead.

Asset manager progress on ESG 'stagnating', ShareAction finds

Many investment firms are "failing to consider the long-term interests of asset owners", a new report by responsible investment charity ShareAction has found.

Pakistan makes 'strong step forward' with debut sovereign green sukuk

Pakistan has raised PKR32 billion ($113 million) from its debut sovereign green sukuk, with the "milestone" deal more than five-times oversubscribed and expectations for more sustainable sukuk deals in the country.

BNPP quits impact network GIIN following strategic review

BNP Paribas Asset Management has quit the Global Impact Investing Network (GIIN) after deciding not to review its membership, Environmental Finance has learned.

Triodos, STOXX launch developed markets impact index

BNPP and Rabobank join wildfire satellite technology funding round