News

• CA100+ investors welcome BASF, RWE climate lobbying pledge

  03 May 2019

  Pledges by chemicals giant BASF and German utility RWE to review their lobbying activities on climate change have been welcomed by a group of investors including Union Investment, the Church of England Pensions Board and Sweden’s AP7 pension fund.

• ‘World-first’ sustainable fund launches search for manager

  03 May 2019

  The search has been launched for managers of a planned ‘global sustainable energy innovation fund’, which looks to blend up to €3 billion ($3.4 billion) of public and private finance “to overcome the inherent funding challenges for disruptive sustainable energy innovations”.

• Norges Bank warns PRI of mission drift

  03 May 2019

  Norges Bank Investment Management (NBIM) has warned the Principles for Responsible Investment (PRI) that it is in danger of ‘drifting away from its founding principles’ if it mandates signatories to complete reporting based on the UN Sustainable Development Goals (SDGs).

• Sustainable loan principles ‘key to unlocking gargantuan financing needs’

  02 May 2019

  Recently-launched Sustainability-Linked Loan Principles (SLLPs) are ‘key to supplying the gargantuan amount of financing’ required to meet the goals of the Paris Agreement, White & Case has argued.

• Morningstar launches series of ESG managed portfolios

  02 May 2019

  Morningstar has launched five environmental, social and governance (ESG) multi-asset managed portfolios.

• Green bonds round-up: Wallonia; Adif; Nedbank; SFE; Crédit Agricole; Green OAT

  01 May 2019

  Wallonia, the French speaking region of southern Belgium, has entered the green bond market with a dual-tranche issue that raised €1 billion ($1.2 billion).

• Green bonds from emerging markets could reach $250bn by 2021

  01 May 2019

  Cumulative issuance of green bonds from emerging markets could rise to between $210 billion and $250 billion by 2021, according to the International Finance Corporation (IFC) and French asset manager Amundi.

• CDSB and SASB team up to deliver TCFD 'how-to' guide

  01 May 2019

  The Climate Disclosure Standards Board (CDSB) and the Sustainability Accounting Standards Board (SASB) have jointly published a 'how-to' guide to help implement the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) into mainstream corporate reports.

• Investors in alternative assets eye opportunities from the SDGs

  30 April 2019

  Almost 90% of investors in ’alternative’ assets such as real estate, infrastructure, private debt and hedge funds, expect the UN’s Sustainable Development Goals (SDGs) to create new investment opportunities, a survey by LGT Capital Partners has found.

• Oil firms unattractive without climate targets, say fund managers

  30 April 2019

  Oil companies will no longer appeal to investors unless they adopt business models that support the Paris climate targets, says a report by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration, a group of charitable trusts.