Archive

UK pension funds advised to adopt TCFD reporting and engage on climate

The UK's Pensions and Lifetime Savings Association (PLSA) has warned of the "severe" short-term risks to pension fund investments posed by climate change, as it releases a framework to help them mitigate climate risk and exploit opportunity.

'Best-in-class' sustainability index planned for Europe

A 30-stock European index of 'best-in-class' sustainability performers is due to be launched on 1 December.

Climate risk increasingly important for ratings, says S&P

Corporate credit ratings are increasingly impacted by environmental and climate (E&C) concerns, S&P Global Ratings claims in its latest report.

Thames Tideway 'super sewer' issues £450m green bonds

£450 million ($599 million) worth of green issues from London 'super sewer' developer Tideway has helped it overtake Unilever as the largest corporate issuer of sterling-denominated green bonds.

Winning the race for Asia's green capital

Several Asian capitals have announced a variety of plans to attract 'green finance' to the region. What's needed now is a green investment bank in Hong Kong, argues Alexandra Tracy.

Green bonds round-up, 22 November 2017

Manulife has issued its first green bond which, as well as being the first from a life insurance company, is also the first Canadian issue to be certified by the Climate Bonds Initiative.

EU's green taxonomy could have negative effect, says S&P

The European Commission's proposal to create a taxonomy of greenness risks "stifling innovation" in green finance, according to S&P Global Ratings.

'Incredible week' as green bond market breaks $100bn barrier

The green and social bond market saw a frenzy of activity this week, after a spate of issues that should propel the green bond market through the $100 billion barrier for the first time.

Green bond transparency in need of improvement, says S&P

News briefs from COP23

Small island nation Fiji will have to spend around $4.5 billion over the next decade to prepare for rising temperatures, strengthening storms and higher sea levels.