Archive

Lyxor launches ETFs tracking decarbonisation indexes

Lyxor Asset Management has launched four exchange-traded funds (ETFs) with focus on decarbonisation and achieving climate goals.

Moody's: ESG risks 'material' in a third of ratings actions

Moody's Investors Service reported that environmental, social and governance (ESG) risks were a "material" credit consideration in a third of its private-sector issuer rating actions in 2019.

EC study seeks industry input on ESG investment data

A research study, commissioned by the European Commission, into the provision and use of sustainable investment data, ratings and research is now calling on senior staff in the asset management industry and in listed companies to share their ideas and experience. By completing a questionnaire, participants will be supporting a charitable donation to the fight against the Covid-19 pandemic.

Bond round-up: Flemish Community, SNCF, EDP, Analog Devices ... and more

Danish pension funds invest $250m in US solar projects

Danish pension funds PenSam and PKA have invested DKK1.7 billion ($249 million) in US solar energy plants in California and Texas.

EU carbon market update: 14 April 2020

Most of the remaining once-a-year compliance buying is likely to come to market this week, but the medium-term outlook remains clouded by the Covid-19 hit to the global economy, says Tom Lord*.

Covid-19 bonds expose limitations of EU Green Bond Standard, says ISS-ESG

The flurry of new bonds raising funds to tackle the Covid-19 pandemic are examples of innovative debt products that are outside the scope of the EU's proposed Green Bond Standard (EU GBS), noted ISS ESG, a specialist ratings and advisory firm.

Nobel prize-winning economist calls for Green Deal after Coronavirus

A Nobel prize-winning economist has called for a Green New Deal to help pull the global economy out of its Coronavirus torpor.

Sustainalytics draws up Covid-19 social bond criteria

External reviewers under EU green bond standard will 'still have some flexibility'

Verifiers under the EU Green Bond Standard (EU GBS) would still have some flexibility in how they reach their conclusions, a member of the EU's Technical Expert Group on Sustainable Finance (TEG) has argued.