News

• RobecoSAM rocked by resignation of both co-CEOs

  05 April 2019

  Both co-CEOs of RobecoSAM have resigned, the sustainability-focused asset manager revealed today.

• GBPs publish green buildings impact reporting guidance

  05 April 2019

  A ‘harmonised framework for impact reporting on green building projects’ has been published by the Green Bond Principles (GBPs).

• BlackRock: climate risks are not being priced-in

  04 April 2019

  The world's largest asset manager BlackRock has found evidence that physical climate risks are not being priced into investments, in a report that is expected to deliver "a thunderbolt for investors".

• ESG-compliant pension product gets EU Parliament approval

  04 April 2019

  A proposal for an ESG-compliant Pan-European Personal Pension Product (PEPP) that could unlock €700 billion ($785 billion) in assets by 2030 has won EU Parliamentary approval.

• Climate-threatened sovereigns can get multilateral development credit boost, Moody’s says

  04 April 2019

  Moody’s Investors Service has predicted ‘substantial’ growth in the role of multi-lateral development banks (MDBs), as countries that are particularly vulnerable to the effects of climate change look to increase their resiliency and, in turn, strengthen their credit profile.

• Green bond round-up: ICO, Klabin, Reykjavik Energy, Midsummer, IBRD, Fabege, Housing New Zealand, Argosy Property and Vasakronan

  03 April 2019

  Instituto de Crédito Oficial (ICO), a state-owned Spanish bank, has issued a €500 million ($562 million) green note that matures in 2024.

• Mirova launches gender equality investment fund

  03 April 2019

  French asset manager Mirova, an affiliate of Natixis Investment Managers, has launched a thematic equity fund focusing on companies committed to promoting gender equality and female representation in 'top-level' management.

• QBE reveals coal exclusion policy

  03 April 2019

  Australian insurer QBE will target zero direct investment in the thermal coal industry by 1 July 2019, according to its new energy policy.

• Shell to leave American Fuel & Petrochemical Manufacturers following review of lobbying

  03 April 2019

  Oil & gas giant Shell has published its first report on its lobbying practices, as a result of investor pressure, and has agreed to leave the American Fuel & Petrochemical Manufacturers (AFPM).

• Worries that green bond standard will stifle market are 'premature', says EU's TEG

  03 April 2019

  Fears that the EU's green bond standard will restrict the growth of the market are premature, according to Aila Aho, the rapporteur for the sub group that is devising proposals for the standard.