Archive

$8.7trn investor group commits to tackling deforestation

More than 30 financial institutions with over $8.7 trillion in assets have pledged to tackle deforestation.

SMBC, MUFG have highest share of fees from fossil fuel investments, AFII says

Out of 20 underwriters and lenders with large global reach,the ones that made the highest share of their debt transaction fees from fossil fuels are Japanese banks SMBC and MUFG, according to non-profit the Anthropocene Fixed Income Institute (AFII).

People Moves 14 May 2021: SMBC, NTAM, SEB, Credit Suisse, L&G, ISS ESG and more

Green and sustainability-linked loan round-up: Ista and Acciona

Green and sustainability-linked loan round-up: Czarnikow, Terna and CMPC

Czarnikow claims world's first sustainability-linked trade facility

Boralex completes C$805m refinancing of Canadian wind farm

Renewable energy producer Boralex has completed a C$805 million ($600 million) refinancing over 16 years for its 230MW Niagara Region Wind Farm (NRWF) in Ontario, Canada.

Major European banks provided large-scale financial support to coal industry

European banks including Barclays, BNP Paribas and Societe Generale loaned billions of euros to coal companies across the EU in 2019, according to a report.

Asset managers pressurise Brazil to ban Amazon fires

Work by asset managers sets 120-day ban following 34% increase in Amazonian deforestation this year

Langham Hospitality Investments signs first Asian hospitality sustainability loan

Langham Hospitality Investments has secured sustainability-linked loans worth HK$7.5 billion ($960 million), the first by an Asian-listed hospitality firm.

Singaporean REIT signs SGD670m green loan

Mapletree Commercial Trust Management (MCTM) has agreed a SGD670 million ($492 million) green loan with a syndicate of five banks.