Archive

Irish impact fund raises €20m for technology investments

Private equity group VentureWave Capital has raised €20 million ($23 million) at first close of a fund that will invest in technology companies in Ireland that "generate a return for society as well as investors".

ASI launches bond fund targeting companies with good ESG management

Fund will exclude companies with unsustainable business practices

Coronabonds webinar: Pimco gives EM sovereigns 'benefit of the doubt'

Investors are likely to give the "benefit of the doubt" to some emerging markets (EM) governments issuing bonds targeting relief efforts amid the coronavirus (Covid-19) pandemic, said fixed income investor PIMCO.

$36bn Australian pension fund divests from coal in net zero target

The A$52 billion ($36 billion) pension fund HESTA is to cease all investments in thermal coal, and will offload all fossil fuels over the next decade to meet a net zero emissions target by 2050.

People Moves 26 June: Eurosif; Inclusive Capital Partners; Danske Bank; XP; GRI; Willis Towers Watson; 2DII

US Development Finance Corporation unveils impact assessment system

The US International Development Finance Corporation (DFC) has unveiled a system by which it plans to assess the positive and negative environmental and social impact of its investments.

ESG data market 'to more than double, to $5bn'

The environmental, social and governance (ESG) data and services market could more than double to over $5 billion by 2025, it has been forecast, as institutional investor interest grows in the wake of the Covid-19 pandemic.

IFC celebrates 100 signatories to impact principles

100 investors have signed up to a set of principles that require annual public disclosure of information on how they seek to achieve positive impact through their investments, as well as independent verification of their alignment with the principles.

NGFS issues three climate scenarios for central banks

Impact classification system launch 'a critical step forward'

The launch of a system by which asset managers 'self-classify' the type of impact they create through their investment has been hailed as a "critical step forward" for the area of impact investing.