Eurazeo maritime climate upgrade fund targets $300m fundraise in 2024
Eurazeo is planning to raise at least $300 million from its private debt, climate-themed upgrade fund for the maritime sector, which is expected to launch later in 2024.
SocGen raises €10m from first 'blockchain' green bond
Société Générale has raised €10 million ($11 million) from its first digital green bond using blockchain, which the French bank said was a "first step" towards using blockchain as a sustainability impact data and certification tool for green bond issuers and investors.
Calling for a revolution to resolve food's sustainability paradox
Innovation and investment are needed to deliver more food production yet cut the industry's greenhouse gas emissions, argue Vincent Nobilet and Frédéric Dubois
SocGen launches €1bn transition fund, stricter fossil-fuel targets
French bank Société Générale is targeting reducing its oil and gas exposure by four-fifths by 2030 as well as launch a €1 billion ($1.1 billion) transition fund.
SocGen life insurer uses CDC data to calculate biodiversity footprint
The life insurance arm of Société Générale Group has published its biodiversity footprint using CDC Biodiversité's Global Biodiversity Score (GBS) tool.
'Others will follow' innovative Heathrow Scope 3 sustainability-linked bond
A banker involved in the ground-breaking Heathrow Airport sustainability-linked bond (SLB) predicted that other high-emitting sectors will follow its lead on Scope 3 greenhouse gas (GHG) emissions targets.
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.
Banks call on EU to provide transition plan guidelines
Banks have called on the EU to catch-up with other jurisdictions - in particular, the UK and Japan - by providing guidance on transition plans and finance.
eFuels: Hydrogen's next big promise?
Electrofuels provide an alternative to conventional liquid fuels and reduce CO2 emissions, writes Allan Baker