Archive

Barclays tightens climate policy amid shareholder pressure

Barclays has announced an ambition to be net-zero carbon emissions by 2050 across its lending activities, but campaigners are pushing for commitments to faster progress.

Norges Bank Investment Management appoints new CEO

Norges Bank has appointed Nicolai Tangen as the new CEO of Norges Bank Investment Management (NBIM).

Winners revealed in Environmental Finance's Bond Awards 2020

Environmental Finance's Bond Awards were expanded again this year to reflect the growth and evolution of the green, social and sustainability (GSS) bond markets and to include the nascent GSS loan market.

Baloise strengthens responsible investment strategy

Swiss insurer Baloise is looking to implement an active ownership strategy in 2020 and has pledged to improve its sustainability reporting for its customers.

Green bond comment: April 2020

The IFC and AfDB have demonstrated how the social bond market can help combat the coronavirus pandemic, writes Michael Hurley

Rio Tinto warns industry lobby on thermal coal advocacy

Mining giant Rio Tinto has delivered a dusting down to a significant Australian industry lobby for its support for thermal coal, as part of its review of the industry associations it wants to belong to.

People Moves 27 March: GPIF, Irish Life, PGGM, Gold Standard

AfDB issues $3bn coronavirus bond, as ICMA prepares SBPs guidance

Emissions trading schemes hit by coronavirus pandemic

Emissions trading schemes (ETS) have been seriously impacted by the coronavirus epidemic, which has slashed demand for carbon credits, and raised the prospect that policymakers may have to intervene to shore up prices.

Transition to a climate bond rating system

A new climate rating system is needed for all bonds, argues Michael Eckhart one of the original authors of the Green Bond Principles