Archive

Impact market surges 40% to $715 billion, GIIN says

The global market for investments made with an intent to generate measurable positive impact alongside financial returns grew by about 40% to $715 billion last year, according to estimates by the Global Impact Investing Network (GIIN).

Private equity firm EQT enters €5bn ESG-linked loan facility

Private equity firm EQT has entered into an environmental, social and governance (ESG)-linked, fund-level bridge facility of up to €5 billion ($5.7 billion) with a syndicate of more than 15 lenders, including BNP Paribas and SEB.

Cubico refinances solar project with €250m green loan

Cubico Sustainable Investments has achieved financial close on the refinancing of the 50MW Arenales concentrated solar power (CSP) project in Seville, Spain.

Link REIT secures HK$1bn sustainability-linked loan

Hong Kong-based Link Asset Management Limited, manager of Link Real Estate Investment Trust (REIT), has signed a five-year sustainability-linked loan of HK$1 billion ($130 million) from OCBC Bank.

Ford Foundation to issue $1bn in social bonds in response to Covid-19

The Ford Foundation is set to issue bonds worth $1 billion with a 'social' label, in a departure from the organisation's usual avenues of fundraising, according to a report by The New York Times.

Impact debt fund poised to raise €400m

The manager of a debt fund that links the cost of its lending to pre-agreed environmental and social 'key performance indicators' (KPIs) has said the fund is poised to attract €400 million ($455 million) in commitments.

Aviva Investors launches second climate transition equity fund

Invests in companies with goods and services associated with climate change mitigation

Elections leave GBP executive committee unchanged

All the members of the executive committee of the Green Bond Principles and Social Bond Principles (GBP & SBP) who were up for re-election have maintained their places.

Industry heads call for ESG data register across EU

Norges Bank and Unicef launch clothing supply chain child rights guidance

Norges Bank Investment Management (NBIM) and children's charity Unicef have launched guidance for apparel and footwear firms on how to better integrate child rights in their global supply chains.