News

• EU carbon market update, 11 March 2019

  11 March 2019

  Further large swings in the price of EU Allowances (EUAs) are possible this week, in particular due to the Brexit vote(s), but higher auction volumes will help accommodate strong compliance buying, says Louis Redshaw.

• Why telco green bonds fail to connect with Jupiter's Ecology fund

  11 March 2019

  The recent benchmark-sized green bonds from telecommunications giants Verizon and Telefonica have been criticised by a fund manager as lacking 'additionality'.

• Investment opportunities identified to help reduce plastic ocean waste

  11 March 2019

  A guide to help identify and evaluate investment opportunities that reduce plastic pollution of the oceans has been produced by newly founded investment management firm Circulate Capital.

• Green bonds can price tighter at issuance, studies suggest

  11 March 2019

  Evidence that green bonds can price tighter at issuance is mounting, according to two studies.

• Xylem signs $800m sustainability-linked credit facility

  11 March 2019

  Global water technology company Xylem has signed an $800 million sustainability-linked senior unsecured revolving credit facility, which it claimed is one of the first sustainable improvement loans in the US.

• Robeco steps up palm oil engagement with exclusions

  11 March 2019

  NN Investment Partners (NN IP) and Actiam have joined Robeco in urging palm oil producers to improve the sustainability of their operations, as the latter steps up plans to exclude investments in the worst-performing companies.

• EU agrees sustainable investment disclosure rules

  08 March 2019

  Agreement on a set of rules designed to increase harmonisation of sustainability-related investment disclosures has been reached by the EU Parliament and Council.

• Norway's oil fund to divest upstream oil and gas companies

  08 March 2019

  Norway's giant 'oil fund' is set to divest from NOK70 billion ($8 billion) of oil & gas exploration and production companies, in "a significant landmark" in the energy transition.

• China’s NDRC includes ‘clean coal’ in new green guidelines

  08 March 2019

  The National Development and Reform Commission (NDRC) of China has indicated that it deems ‘clean coal’ projects as eligible to receive funding under new guidelines on green finance.

• People Moves: Aviva, Aegon Asset Management, Muzinich & Co, PRI and Palladium

  08 March 2019

  Maurice Tulloch has been appointed as chief executive officer of Aviva. He will replace Sir Adrian Montague who acted as interim CEO and will revert to his role as non-executive chairman.