Archive

$8.9trn investors back sustainable water initiative

64 global institutional investors, representing $8.9 trillion assets under management, have committed to engage with companies on sustainable water usage, in what was billed as a first-of-its-kind initiative.

GFANZ-backed agriculture decarbonisation path launched

Financial institutions will for the first time have access to pathways to net zero for the agriculture, forestry and chemicals sectors, the author of report supported by the Glasgow Financial Alliance for Net Zero (GFANZ) has said.

An 'ocean' of opportunity in engagement, Credit Suisse & Rockefeller say

Credit Suisse and Rockefeller Asset Management are engaging with companies on their ocean harming practices, in a fund that is outperforming the listed equities market this year-to-date.

Low water levels pose credit risk for German manufacturers, says Moody's

Water levels in the Rhine, which are at their lowest since 2018, are 'credit-negative' for German chemicals companies, said Moody's Investors Service.

India has tremendous scope for blue bonds, says regulator

The Securities and Exchange Board of India (SEBI) has opened a consultation on the potential of 'blue' bonds in the country alongside proposed updates to its green bond standard to align more closely with the Green Bond Principles (GBP) amid lacklustre uptake of its framework.

KBI: Nuclear and gas are negative for SDGs

Nuclear and natural gas are negatively aligned with the UN's Sustainable Development Goals (SDGs) due to environmental concerns, despite the EU classifying them as sustainable,...

FfB guide aims to demystify biodiversity measurement

The Finance for Biodiversity Pledge (FfB) says a guide on biodiversity measurement tools can help its financial institution members navigate an increasingly complicated space.

People Moves, 5 August: Standard Chartered, PGIM, NN IP, Robeco, NN IP and more ...

'Game-changing' zero-deforestation soy finance initiative launched

Three major UK supermarket chains have invested $11 million in a 'green bond'-backed soy farming finance initiative providing financial incentives for Brazilian farmers to commit to cultivating soy without engaging in deforestation or land conversion.

Forestry fund signs £30m sustainability-linked RCF

The Foresight Sustainable Forestry (FSF) fund has signed a sustainability-linked revolving credit facility (RCF) of £30 million ($37 million).