Archive

Sustainability rankings of chemical companies launched

Work begins to build climate change lobbying framework

Chronos Sustainability is to create a framework enabling investors to assess whether corporate lobbying is aligned with the goals of the Paris Agreement.

National Grid signs $740m green loan from export agencies

National Grid has signed a green loan worth $743 million to help fund the construction of an electricity interconnector between Denmark and the UK, believed to be the first covered green loan to be signed with more than one export credit agency.

PRI issues guidance ahead of mandatory SDG reporting

The Principles for Responsible Investment (PRI) has published guidance on how investors can "shape the real-world outcomes" of their investments by using the Sustainable Development Goals (SDGs), as it prepares to introduce mandatory outcomes-based reporting from next year.

EU carbon market update: 15 June 2020

The EU Allowance price look set to remain under pressure this week, despite a smaller auction volume and the possibility of rising power demand, says Tom Lord*

Many insurers still lack sustainable underwriting policies

Re/insurers shared tips on setting up frameworks for incorporating environmental, social and governance risks in underwriting at a recent UNEP PSI webinar. Cintia Cheong reports

UK insurer PIC invests £277m in Spanish solar parks

Pension Insurance Corporation (PIC), a specialist UK insurer, has provided £277 million ($352 million) of debt funding, as sole investor, for eight solar parks in Spain.

WCI Carbon Market Update, 15 June 2020

The fundamental price drivers in the WCI market remain weak, because of the impact of the Covid-19 virus, says Nicolas Girod*.

CLP criticised for transition bond framework targeting natural gas

Hong-Kong based power company CLP Group has faced criticism for publishing a revised transition bond framework that still includes the construction of natural gas-fired power plants.

Banks step up action on biodiversity

Natixis, HSBC and a number of Dutch banks are calling for the financial sector to accelerate action to prevent biodiversity loss.