Archive

ESG indexes increase the focus on data and transparency

Investors increasingly demand ESG and low-carbon indices to benchmark their portfolio. But what are the potential pitfalls, and what are regulators doing about them, ask Gregory Campbell and Daniela Bunea

Commission calls for €20bn/year for biodiversity protection in EU

At least €20 billion ($22 billion) a year is required to protect biodiversity in the European Union (EU) over the next decade, according to the European Commission. It says this will require contributions from EU funds, national governments and private sources of capital.

Manulife US REIT secures maiden $100m green loan

Manulife US Real Estate Investment Trust (REIT) has secured a $100 million green loan from OCBC Bank to refinance a US property and undertake environmental initiatives at other properties.

Investment of £65bn needed for UK homes to meet environmental targets

Up to £65 billion ($80 billion) of investment is needed to maximise the number of UK homes with a Energy Performance Certificate of 'C' or above by 2035.

JP Morgan Chase given bloody nose by climate resolution

JP Morgan Chase experienced a significant revolt from investors against its climate change position after nearly half voted in support of a shareholder resolution urging the US bank to align its financing to the Paris Agreement.

Bonds round-up: Unédic, BPCE, Eurofima, EIB, E.ON ... and more,

Sustainalytics says green 'pure-play' aligns with GBPs

US company Plug Power, which designs and makes hydrogen fuel cell systems is planning to issue green bonds "for general corporate purposes".

Valuing water now can prevent another global catastrophe

Investors must learn from Covid-19 and take urgent action to tackle the intertwined climate and water crises, says Kirsten James of Ceres

HSBC and IFC real economy green bond fund raises $470m

HSBC Global Asset Management (HSBC GAM) and the International Finance Corporation announced their green bond fund targeting "real economy" assets has raised more than $470 million following its third close.

Majority of Europe's largest companies still 'failing' in climate reporting

In 2019, more than three quarters of Europe's largest companies were not adequately reporting climate and environmental risks, according to the Climate Disclosure Standards Board (CDSB).