-
TPG Rise joins Fidelity in $150m electric bike fundraise
05 February 2021TPG Rise, Fidelity and Morgan Stanley's Counterpoint Global have purchased a minority stake in US-based electric bike manufacturer Rad Power Bikes in a $150 million fundraising round.
-
Bamboo Capital sells Bolivia microfinance stake
05 February 2021Bamboo Capital Partners has sold its stake in microfinance provider CONFIE to the Bolivian company's parent, FIE NGO.
-
M&G allocates £5bn to impact strategy
05 February 2021M&G has created an investment team to which it has allocated £5 billion ($6.8 billion) to invest in private assets that have a positive social or environmental impact.
-
Danone-backed fund targets €50m as water impact proof case
05 February 2021An impact fund with €10 million ($12 million) in backing from Danone hopes to prove the investment case for safe drinking water in emerging markets.
-
Change on the horizon for green bond impact reporting
04 February 2021Proposals for an EU Green Bond Standard (GBS) and the pending launch of a platform designed to make it easier for investors to access data signal change for green bond impact reporting, according to participants of a webinar on the subject.
-
IFRS intends to announce 'sustainability standards board' at COP26
03 February 2021The trustees of the International Financial Reporting Standards (IFRS) Foundation intend to publish in September a road map for the creation of a 'sustainability standards board', with a view to formally announcing the initiative at COP26 in November.
-
Eiffel Impact Debt fund raises €430m
02 February 2021A debt fund that links the cost of its lending to pre-agreed environmental and social impact 'key performance indicators' (KPIs) has attracted €431 million ($519 million) in commitments from 17 institutional investors.
-
TCFD advised to abandon implied temperature rise metric
01 February 2021The Task Force on Climate-related Financial Disclosures (TCFD) secretariat should not include in its list of recommended disclosures estimates of the 'climate warming potential' of assets, according to the Transition Pathway Initiative (TPI).
-
APG, PGGM add more IT companies to list of SDG contributors
01 February 2021An updated impact-focused data platform has identified nearly 200 extra companies whose products contribute to the SDGs, PGGM's
Piet Klop tells Michael Hurley 
-
Impact funds outperform in 2020 but Covid dampens fundraises
29 January 2021Publicly-listed impact funds have, on average, outperformed their respective benchmarks in 2020, according to analysis by impact data provider Phenix Capital.