News

Green bond round-up: Spain, Access Bank, San Francisco, Renewable Japan, Hitachi Capital, Queensland Treasury Corporation, LeasePlan, ASICS

Green bond standards are converging, says CBI

Green bond standards are beginning to converge, in a development that has the potential to help resolve the question of the market's 'additionality', according to the Climate Bonds Initiative's (CBI) Justine Leigh-Bell.

Investors challenge ESMA’s definition of sustainability risks

BlackRock, Aviva and BNP Paribas Asset Management have each presented varying definitions of sustainability risks, in response to a consultation on how the EU should regulate investment fund managers.

EU agrees low-carbon benchmark categories

EU politicians have agreed on categories for proposed low-carbon benchmarks, marking an important milestone in the development of the bloc's Sustainable Finance Action Plan.

Investec launches Global Environment Fund

Investec Asset Management has launched a fund to invest in public companies that benefit from the trend towards decarbonisation.

Kenya's green bond guidelines will be 'credit positive for banks', says Moody's

The launch of Kenya's green bond guidelines will boost green finance in the country and be "credit positive for banks", Moody's believes.

Exxon seeks to block shareholder proposal

ExxonMobil is trying to block a shareholder proposal in which investors call on the oil giant to account for emission reduction targets.

Green Climate Fund names Glemarec new executive director

The Green Climate Fund (GCF) has named France’s Yannick Glemarec as its new executive director, seven months after his predecessor quit.

US consumer goods sector must up its low-carbon game, CDP says

Major US companies in the fast-moving consumer goods sector, including Kraft Heinz, Estée Lauder and P&G, must up their game or risk falling foul of changing consumer demands and increased environmental regulation.

People Moves: UN Environment, Northern Trust Asset Management, Liontrust and United Nations-led Climate Technology Centre and Network

Inger Andersen has been elected as executive director of the United Nations Environment Programme (UNEP) to replace Erik Solheim.