Archive

  • PAI looks to embed carbon pricing throughout its portfolio

    12 February 2024

    PAI Partners is to encourage its portfolio companies this year to use internal carbon pricing, in a bid to better manage transition risks within its funds.

  • $4trn outstanding sustainable bond milestone crossed

    09 February 2024

    The sustainable bond market has crossed the $4 trillion outstanding issuance milestone, according to Environmental Finance Data - but a maturing market could slow progress towards the next trillion.

  • Investors urge Exxon to drop 'silencing' climate action lawsuit

    09 February 2024

    Investors have urged ExxonMobil to drop a lawsuit against shareholders who filed a resolution calling on the oil major to set more ambitious emissions reductions targets.

  • Deforestation overtakes climate change as LGIM's biggest engagement topic

    09 February 2024

    Legal & General Investment Management (LGIM) has launched a nature strategy and revealed that deforestation became its engagement theme in the final quarter of 2023.

  • 'Sleeping' sustainability-linked leveraged loans 'need to be stamped out'

    09 February 2024

    The unwelcome resurgence of 'sleeping sustainability-linked' leveraged loans - which are signed before key sustainability provisions are finalised - needs to be "stamped out" in 2024, according to Fitch Solutions-owned Covenant Review.

  • PFZW divests from Shell, BP and Total, blaming slow transition

    09 February 2024

    Dutch pension fund PFZW has divested from 310 oil and gas companies - leaving just seven in its portfolio, as it refocuses on companies "improving the climate and the energy transition".

  • Hong Kong raises $750m from second 'digital' green bond

    08 February 2024

    Hong Kong has raised more than $750 million from a multi-currency green bond, issued in digital format using blockchain technology.

  • Japan confirms ground-breaking 'transition bond' debut next week

    08 February 2024

    Japan is going to raise around JPY800 billion ($5.4 billion) from its ground-breaking debut 'climate transition' bond (CTB) next week, becoming both the sovereign to use the 'transition' bond label.

  • $1trn, again: Record sustainable bond issuance forecast for 2024

    07 February 2024

    Sustainable bond issuance is forecast to see $1 trillion dollar of issuance in 2024, for the first time since the record-breaking total in 2021, according to Environmental Finance Data (EF Data).

  • 'Pretty poor' 2023 for sustainability-linked leveraged loans

    07 February 2024

    2023 was a "pretty poor" year for European sustainability-linked leverage loan deals as borrowers and investors avoided the instrument, according to Fitch Solutions-owned Covenant Review.