Nordea launches €20m social bond fund
Nordea Asset Management (Nordea AM) has launched a €20 million ($21 million) social bond fund, amid growing interest in the social bond market from fund managers.
Nordea warns on gap between portfolio emissions reduction and 'real world impact'
There is a widening disconnect between emissions reductions in investors' portfolios and the decarbonisation of the real economy, the head of sustainability at Nordea Life & Pensions has warned.
Nordea: An 'SLL bond' market could emerge 'very quickly'
The Nordic bank believes its ground-breaking 'sustainability-linked loan bond' is poised to kick-start further issuance quickly, Jacob Michaelsen tells Ahren Lester
Nordea issues innovative 'sustainability-linked loan' bond
Nordic lender Nordea Bank has raised $400 million from a bond to support its sustainability-linked loan (SLL) financing activity, a transaction which one investor in the multi-tranche deal described as an "innovative and creative" way for banks to scale such lending.
Nordea Asset Management launches sustainable technology fund
US states target ESG investment as US SIF hits back at 'political' attacks
Politicians in two US states have launched anti-environmental, social and governance (ESG) investment policies, whilst the US SIF has published an 'ESG Truths' website amid growing "politically motivated and simplistic attacks" on ESG in the country.
Carbon budgets dataset wins investor support
The publication of a massive dataset outlining carbon budgets for companies across 12 sectors has the potential to boost the credibility of investor climate-related target-setting, and support regulation on reporting, observers have said.
Gender-lens scorecard identifies leaders and laggards
Gender-lens themed funds managed by Pax, UBS and Nordea were ranked among top performers in a scorecard which left BMO- and Daiwa-managed funds languishing at the bottom end of the ranking.