Archive

Iceland raises €750m from sovereign green bond debut

Iceland has raised €750 million ($820 million) from its inaugural sovereign green bond, with the debut deal more than nine times oversubscribed.

'Appalling inaction' on deforestation by BlackRock, Vanguard, Wells Fargo

BlackRock, Vanguard and Wells Fargo have been accused of "appalling inaction" on deforestation by NGO Global Canopy, which criticised the lack of policies and continued financing of deforestation over the past decade.

CA100+ defends phase 2 approach, after big name departures

Climate Action 100+ has defended its updated approach, which has been blamed for three of its biggest signatories walking away from the climate engagement initiative earlier this month.

State Street and JP Morgan leave CA100+

The world's biggest climate engagement initiative suffered a blow after two of its biggest signatories walked away.

PKA ploughs $1bn into total return swaps based on Osmosis index

Bond round-up: Chile, H&M, IDB Invest ... and more

Absolute versus intensity targets. Part two

Investors often leave companies to decide which type of target is most appropriate for their business. Genevieve Redgrave reports

Absolute versus intensity targets

Investors are increasingly calling for companies to adopt absolute emissions reductions targets, but intensity targets continue to dominate, at least for now. Genevieve Redgrave reports

IIGCC to step up pressure on banks to demonstrate action on net zero

A group representing investors with €65 trillion ($70 trillion) in assets under management has published a set of expectations for banks, as they push for more details on how banks will act on pledges to achieve net zero emissions.

Royal Bank of Canada ranked world's biggest fossil fuel financier

The Royal Bank of Canada (RBC) has been ranked the world's biggest financier of fossil fuels, as banks across the US, Canada and Japan continue to dominate financing for oil and gas expansion.