Sustainable bond fund universe expands to more than 100
A spate of fund launches pushed the number of vehicles specialising in labelled sustainable bonds past the 100 mark, research by Environmental Finance has revealed.
NBIM creates net zero target tracker to bolster climate engagement
The manager of the world's largest sovereign wealth fund has said it will step up scrutiny of companies' net zero plans and push them to meet climate targets, as it revealed new ways it will track net zero targets and the impact of its own climate engagement.
ESG fund launches in 2023 'down but not out', says Barclays
The number of environmental, social and governance (ESG) fund launches fell sharply in 2023, with passively managed funds bearing the brunt of the slowdown.
Energy companies 'failing to shift away from fossil fuels', warns Sustainable Fitch
Energy companies have made "limited progress" towards hitting their net zero carbon targets, Sustainable Fitch has warned, with just one of 12 firms assessed awarded a 'green' rating.
Nordic companies struggling to set 'credible' nature targets, Danske Bank says
The majority of large companies based in the Nordics are struggling to develop credible targets or policies to manage their impact, Danske Bank Asset Management (DBAM) has said.
EU energy passport huge step forward in valuing real estate climate risk, says PGGM
The revision of EU buildings regulations to introduce a 'passport' showing energy performance data could be "a huge step forward" in helping investors and lenders to accurately include climate risk in valuation of assets, a leading investor has said.
CA-CIB leads 2023 sustainable loan coordinator deal-making
Crédit Agricole CIB (CA-CIB) served as sustainability coordinator on 60 sustainable loan deals in 2023, making the French bank the most active coordinator of the year.
Brookfield raises $10bn for second energy transition fund
Brookfield Asset Management has held a first close for its second energy transition fund, raising $10 billion.
Blue bonds look set to grow in interest, predicts Sustainable Fitch
Amid a rise in labelled bonds with water management characteristics and growing focus on water risk, Sustainable Fitch has predicted that blue bonds will see growth in 2024.
Ontario adds nuclear, social projects to sustainable bond programme
Ontario is preparing to finance nuclear power and social projects through sustainable bonds, after the long-standing green bond issuer updated and expanded its decade-old framework.