Archive

California wildfires: utilities get to grips with burning issue

As wildfires continue to rage in California, utilities can take action that will stop them being part of the problem. Peter Cripps reports

More data providers could help grow sustainable investments, survey suggests

Growing the amount of sustainability data providers in the market has been identified among the best ways to increase sustainability-themed investments, according to institutional investor respondents to a Schroders survey.

Brazilian biodiversity fund reaches first close

Mirova, an affiliate of Natixis Investment Managers, has confirmed the first close of the Althelia Biodiversity Fund Brazil (ABF Brazil), which will make impact investments in the Amazon.

Moody's continues buying spree with minority stake in SynTao Green Finance

Moody's Corporation will acquire a minority stake in SynTao Green Finance (STGF), the Chinese provider of environmental, social and governance (ESG) data and analytics.

EU carbon market update, 28 October

Macquarie inks two UK renewables deals

Australian investment bank Macquarie is to finance a solar photovoltaic (PV) energy project undertaken by supermarket chain Tesco, and will also acquire an additional stake in a Welsh offshore wind farm.

Countries pledge $9.8bn to GCF

The first replenishment of the UN-backed Green Climate Fund (GCF) has seen 27 countries commit to provide a further $9.8 billion in funding for the next four years.

Morningstar expects record year of sustainable fund launches in Europe

A record number of sustainable fund launches are expected this year, said financial services firm Morningstar, with this growing segment of the market capturing two-fifths of net inflows in Europe.

E.ON pens €3.5bn ESG-linked loan in wake of Innogy merger approval

Energy company E.ON has agreed a €3.5 billion ($3.9 billion) revolving credit facility, the interest rate on which is linked to the firm’s environmental, social and governance (ESG) rating.

People Moves: EV Private Equity, Finance Watch, ING, Solactive and PRO BTP Group

ING Americas announced the appointment of Bloomberg's Dan Shurey as vice president for sustainable finance, covering the Americas region.