Archive

Mirova targets climate 'innovation' with €300m impact fund

Mirova has launched its first private equity fund that targets a positive environmental impact, for which it aims to raise €300 million ($350 million) to invest in innovative companies in the early stages of their growth.

Suzano: Sustainable bonds, rather than loans, is where the greenium is

The Brazilian firm has switched from green bonds to sustainability-linked bonds, and found the move has lowered its borrowing costs, Marcelo Bacci tells Madeleine Jenkins

Bank of Korea launches ESG exclusion policy for forex assets

The Bank of Korea (BOK) is planning to screen out companies that fail certain ESG criteria from its $464 billion of foreign currency assets, in a move that will reportedly see it sell the securities of high-emitting companies.

Bond round-up: Enel, Iceland, NRW.BANK, CTP, B3, Coca-Cola FEMSA ... and more

Food firms must do more to support sustainable protein transition, says FAIRR

Investors ask 1,600 companies asked to set science-based targets

Elevar raises $33m for emerging markets social impact fund

Elevar Capital has so far raised about $33 million for its fifth India-focused fund, says a filing with the US Securities and Exchange Commission (SEC).

Golding launches first $350m impact fund

Generation to pay $600m for stake in Octopus Energy

Generation Investment Management has agreed to pay up to $600 million for a 13% stake in Octopus Energy, in a deal that values the renewable energy provider at about $4.6 billion.

New York Fed climate stress test demonstrates 'substantial' risk for banks

Researchers at the Federal Reserve Bank of New York have published a transition risk-focused climate stress test metric for banks, which demonstrated climate risk was "economically substantial" for some lenders during the 2020 energy crisis.