Archive

Coalition of 42 global faith groups divest from fossil fuels

Over 40 religious institutions with more than £1.1 billion ($1.3 billion) in assets under management have agreed to divest from fossil fuel companies, in the largest ever joint announcement by faith organisations.

Nomura pursuing improvements in Japanese impact reporting

Nomura is planning to engage more with Japanese listed companies to ask them to disclose sustainability information, according to the manager of its Global Sustainable Equity fund.

S&P Global ESG Scores launched

S&P Global has increased its presence in the increasingly competitive ESG data market, with the launch of its proprietary 'S&P Global ESG Scores'.

Unédic issues largest ever social bond

Unédic, France's unemployment insurance management body, has launched the world's largest ever social bond, raising €4 billion ($4.3 billion) to support its response to the Covid-19 pandemic.

SUSI Partners raises €289m at energy efficiency fund close

Swiss asset manager SUSI Partners secured €289 million ($313 million) in investor commitments on the final close of its second energy efficiency fund, slightly short of its target following the economic turmoil wrought by the coronavirus (Covid-19) crisis.

Scaling up climate finance in Asia-Pacific through regional cooperation

Developing the region's capital markets would help it address the climate challenge, argues Ajeya Bandyopadhyay

IBRD launches first sustainable development bond impact report

The International Bank for Reconstruction and Development (IBRD) has published its first impact report covering all bond issuances and the entire portfolio of IBRD's development activities.

Green investor group hails Equinor climate resolution progress

Support for a shareholder resolution demanding Norwegian oil company Equinor to set carbon intensity targets more than doubled, but majority owner, the state of Norway, kiboshed the proposal.

'First-of-its-kind' sustainable SPAC raises $300m

A $300 million initial public offering this month could spark further sustainability-themed Special Purpose Acquisition Companies (SPACs), according to a Citigroup head.

People Moves, 15 May; S&P Global Ratings, Tribe Impact Capital, ShareAction, Hong Kong, We Mean Business