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BP climate resolution receives record investor support
16 May 2019Investor support for a BP climate shareholder resolution represents a new "global best", according to the Institutional Investors Group on Climate Change (IIGCC).
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KfW's largest green bond meets strong demand
16 May 2019German development bank KfW has priced the €3 billion ($3.4 billion) green bond it announced earlier this week (LINK), setting the coupon for the eight-year deal at 0.01%.
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World Bank issues $1.5bn sustainable development bond
16 May 2019The World Bank had issued a $1.5 billion Sustainable Development Bond, its first labelled bond to be listed on the Irish Stock Exchange.
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Green bond round-up: Natixis, Co-op Group, Cofide, Millicom, Hemfosa Fastigheter, Indiana Finance Authority, New York MTA, S&P Global Ratings and DKB
15 May 2019French bank Natixis has issued a €180 million ($209 million) green bond whose repayment and coupon rate will be determined by the performance of the Euronext Climate Objective 50 Euro EW index.
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Stephanie Sfakianos to leave BNP Paribas
15 May 2019Stephanie Sfakianos, head of sustainable capital markets, will depart from BNP Paribas.
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Aquila Capital aims to raise €300m for latest renewables fund
15 May 2019German asset manager Aquila Capital plans to raise €300 million ($336 million) from a London Stock Exchange listing of a new renewables fund.
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Robeco applies SDGs to credit portfolios
15 May 2019Dutch asset manager Robeco has developed a screening process to measure bond and credit portfolios against the UN's Sustainable Development Goals (SDGs).
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Taxonomy of unsustainable activities ‘only way’ to meet EU climate goals
15 May 2019Expanding the EU’s proposed sustainability taxonomy to also define unsustainable activities is “the only way” to ensure Europe meets its goal to be climate neutral by 2050, according to environmental thinktank E3G.
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Barclays' Rhian-Mari Thomas to lead UK Green Finance Institute
15 May 2019Rhian-Mari Thomas, global head of green banking at Barclays and chair of the bank's Green Banking Council, has been selected to be the first CEO of the UK's planned Green Finance Institute.
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AllianceBernstein unveils low-carbon investment concept
14 May 2019Asset manager AllianceBernstein has introduced a new green investment concept, Green Alpha.