News

• UK pension pool invests £50m in Mirova infrastructure fund

  10 April 2019

  A Mirova infrastructure fund has attracted a €50 million ($43.2 million) investment from the Brunel Pension Partnership pool of UK pension funds.

• BlackRock-backed blended finance climate fund awarded grant

  10 April 2019

  A grant has been awarded to help develop an ‘unprecedented’ blended finance initiative aiming to scale up investment in emerging market climate infrastructure.

• Green Bond round-up – 10 April: Senvion, LG Chem, France's GROAT, ocean plastic bond, Toyota, Terna, EIB's new CAB, Peru, Luxembourg links with China

  10 April 2019

  South Korea-based chemicals manufacturer LG Chem has issued green bonds worth $1.56 billion to help finance production of electric vehicle (EV) batteries.

• ‘Sustainable’ portfolio outperforms in 2°C scenario, Mercer study finds

  09 April 2019

  A portfolio of sustainability-themed investments outperforms a non-sustainable portfolio in a scenario that sees an increase in global climate of 2°C on pre-industrial levels, and does not significantly underperform in 3°C and 4°C scenarios, according to consultancy Mercer.

• GPIF invests in its first green bonds

  09 April 2019

  Japan’s Government Pension Investment Fund (GPIF) has bought its first green bonds, snapping up a $500 million deal from the World Bank Group.

• 'Don't divest from palm oil', WWF urges financial institutions

  09 April 2019

  Environmental NGO WWF has urged financial institutions not to divest from palm oil stocks, but to engage with companies to make the sector more sustainable.

• Two-thirds of ESG investors align investments with SDGs

  09 April 2019

  Among asset managers and owners with environmental social and governance (ESG) strategies, more than 65% align their investments with the UN's Sustainable Development Goals (SDGs), according to a recent survey.

• ESG index launched based on S&P 500, followed by UBS ETF

  09 April 2019

  S&P Dow Jones Indices (S&P DJI) has launched an environmental, social and governance (ESG) index which seeks to closely replicate the risk and return profile of its flagship US index, the S&P 500 index.

• Shell lighting low-carbon path for oil & gas sector, says Church of England

  09 April 2019

  Oil and gas major Shell is “leading the way” in its sector as it plans for the transition to a low-carbon economy, according to the Church of England Pensions Board.

• EU carbon market update, 9 April 2019

  09 April 2019

  Wow! EU allowances (EUAs) end the week a massive €3 (14%) up, in a week of massive volatility and price rises in both carbon and the wider energy markets.