Archive

Rockefeller Foundation considering racial equity screening of grants

The Rockefeller Foundation is examining ways it can introduce an "equity screen" on the grants it provides to help grow businesses that have a positive social or environmental impact.

Soilbuild REIT signs maiden SGD80m green loan

A Singaporean real estate investment trust (REIT) signed its inaugural green loan, worth SGD80 million ($57 million) with RHB Bank Berhad and OCBC Bank.

Hong Kong exchange launches sustainable bond platform

Hong Kong Exchanges and Clearing (HKEX) has launched the HKEX Sustainable and Green Exchange, to be known as 'Stage'.

Allocate more to impact post-Covid-19, Canadian pension funds told

Traditionally risk-averse Canadian pension funds are gradually investing more to create positive impact but still lag their European counterparts, Michael Hurley writes

Bank of England publishes first climate disclosure

The Bank of England (BoE) has published its first climate-related financial disclosure, identifying both transition risk and physical risks on its balance sheet.

People Moves, 19 June; Schroders, Capital Group, UBS, Neuberger Berman, DWS, ANZ, BNP Paribas, CleanFund Commercial PACE Capital, V-Square

EU launches Sustainable Finance Platform after Taxonomy approval

The European Commission has officially launched a new expert group that will advise the bloc on its final EU Taxonomy criteria for 'green' activities and a potential expansion to cover social objectives and 'brown' activities.

US 'Opportunity Zones' not living up to impact goals, study says

The US government's Opportunity Zones economic development scheme is failing the deprived communities it was built to serve - and especially those in majority-black neighbourhoods, a report claims.

PE interest in ESG-linked financing has 'risen significantly'

The interest from private equity firms towards environmental, social and governance (ESG)-linked financing has been "completely reset" in recent months, BNP Paribas told Environmental Finance.

Oman Shipping Co agree $35m sustainability-linked loan

The Oman Shipping Company has agreed a $35 million loan with Standard Chartered Bank in the Middle East, linked to company alignment with the UN Sustainable Development Goals (UN SDGs).