Archive

S&P launches ESG evaluation tool

S&P Global Ratings has launched its long-awaited environmental, social and governance (ESG) evaluation tool, in a move that will throw it into direct competition with existing sustainability rating providers such as MSCI.

Green bond comment, April: A return to form

After pausing for breath in 2018, the market for green, social and sustainability bonds surged again in the first quarter of this year.

MSCI's Mervyn Tang moves to Fitch Ratings

MSCI's Mervyn Tang has been appointed as head of environmental, social and governance (ESG) research for Fitch Ratings' global sustainable finance group. He reports to Andrew Steel, global head of sustainable finance.

Green bonds round-up: IBRD, Folksam Group, Electrolux, Interstate Power & Light, Pace Funding Group, EBRD

The International Bank for Reconstruction and Development (IBRD), part of the World Bank Group, has tapped the €600 million ($675 million) green bond it issued in November to raise a further €250 million.

Slump in US muni green bond issuance is temporary, says S&P

The US municipal self-labelled green bond market experienced a slump in 2018, but could see renewed growth in 2019 as issuers tap into broader sustainability investor demands, S&P Global Ratings said.

Green bond round-up: Danske Bank, Cassa depositi e prestiti, Kommuninvest, Teonec, NYSERDA, NY State Housing and Vasakronan

Danske Bank has become a green bond issuer for the first time, in a deal worth €500 million ($568 million).

Danish pension fund invests DKK90m in sustainability bonds

Danish pension fund Sampension has invested DKK90 million ($13.6 million) in a sustainability bond from the German state of North-Rhine Westphalia.

People Moves: BMO Global Asset Management, ClimateWorks Foundation, Japan's Financial Services Agency, Rockefeller Capital Management, Global Parametrics, Refinitiv, Aviva Investors, FIM Asset Management and S-Bank Wealth Management

Green bond round-up: Société du Grand Paris, Duke Energy, ReNew Power, Kommuninvest, World Bank, Santa Fe

Poland prices longest-dated sovereign green bond

The Republic of Poland has priced the longest-dated sovereign green bond, as it returned to the green bond market for a €2 billion ($2.3 billion) fundraise.