Archive

  • Green bond round-up: ICO, Klabin, Reykjavik Energy, Midsummer, IBRD, Fabege, Housing New Zealand, Argosy Property and Vasakronan

    03 April 2019

    Instituto de Crédito Oficial (ICO), a state-owned Spanish bank, has issued a €500 million ($562 million) green note that matures in 2024.

  • Mirova launches gender equality investment fund

    03 April 2019

    French asset manager Mirova, an affiliate of Natixis Investment Managers, has launched a thematic equity fund focusing on companies committed to promoting gender equality and female representation in 'top-level' management.

  • QBE reveals coal exclusion policy

    03 April 2019

    Australian insurer QBE will target zero direct investment in the thermal coal industry by 1 July 2019, according to its new energy policy.

  • Shell to leave American Fuel & Petrochemical Manufacturers following review of lobbying

    03 April 2019

    Oil & gas giant Shell has published its first report on its lobbying practices, as a result of investor pressure, and has agreed to leave the American Fuel & Petrochemical Manufacturers (AFPM).

  • Worries that green bond standard will stifle market are 'premature', says EU's TEG

    03 April 2019

    Fears that the EU's green bond standard will restrict the growth of the market are premature, according to Aila Aho, the rapporteur for the sub group that is devising proposals for the standard.

  • Dai-ichi Life emphasises climate change in revised investment policy

    02 April 2019

    Japanese insurer Dai-ichi Life has revised its investment policy in line with Japan’s stewardship code, putting stronger emphasis on engagement and climate change issues.

  • Nippon Life adopts the Equator Principles

    02 April 2019

    Nippon Life Insurance said it has adopted and started implementing the Equator Principles, a risk management framework to help financial institutions assess and manage environmental and social risk in development projects.

  • EU carbon market update, 1 April 2019

    02 April 2019

    Lower auction volume is a bullish factor, but energy prices and the Brexit debate will also have a big say in the direction of EU Allowance prices this week, says Louis Redshaw.

  • MSCI's Mervyn Tang moves to Fitch Ratings

    02 April 2019

    MSCI's Mervyn Tang has been appointed as head of environmental, social and governance (ESG) research for Fitch Ratings' global sustainable finance group. He reports to Andrew Steel, global head of sustainable finance.

  • LuxFlag awards ESG label to eight more funds

    02 April 2019

    Eight more funds have been awarded the LuxFlag ESG label in recognition of their contribution to sustainable development.