Archive

Rocky Mountain Institute launches climate finance centre with US banks

The Rocky Mountain Institute (RMI) has launched a research centre to help shape the role that the financial industry has in driving the transition to a low-carbon economy, with four major US banks collaborating on the project

AgriFunds urged to improve natural capital risk disclosure

Food and agriculture funds have been urged to improve reporting on nature-related risks, after a report showed major investors in the sector were materially exposed to the financial risks associated with natural capital threats.

Snam issues maiden €500m 'transition' bond after 'climate action' criticism

Italian energy infrastructure firm Snam has raised €500 million ($567 million) through its inaugural 'transition bond' to finance or refinance energy transition projects, just over a year after its 'climate action bond' attracted controversy.

Deutsche Bank sets 'ambitious' sustainability targets

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.

AfDB issues $3bn coronavirus bond, as ICMA prepares SBPs guidance

Malaysian banks fund coal power projects at expense of renewables

Malaysian banks continue to provide significant funding to coal power projects amid a rising number of international peers stepping back from such financing, according to a report by an Australian environmental pressure group.

HSBC named largest green, social and sustainability bond manager

HSBC became the largest green, social and sustainability (GSS) bond market underwriter in 2019, in a year marked by rapidly accelerating diversification of the market.

Goldman Sachs' environmental policy 'a crucial first step' for US banks

Goldman Sachs' updated environmental policy marks "a crucial first step, among US banks, on ending financing for the expansion of oil and gas", according to a group of NGOs.

People Moves, 9 December 2019: Goldman, Impax, Mission Possible

PRI to study ‘fundamental legal questions’ on impact investing

‘Fundamental legal questions’ surrounding impact investing will be the subject of a far-reaching study commissioned by the Principles for Responsible Investment (PRI).