News

• Green bonds round-up, 6 February

  06 February 2019

  Bank of America has raised $500 million from what it said is the first social bond by a US bank.

• 2019 will be 'crucial' for sustainable finance, says Dombrovskis

  06 February 2019

  Multiple initiatives planned for 2019 make it "a crucial year for sustainable finance in Europe", said Valdis Dombrovskis, vice-president for financial services at the European Commission.

• Irish central bank warns of slow transition to green economy

  06 February 2019

  A slow transition to a low-carbon economy would pose macroeconomic and financial stability risks, according to the Central Bank of Ireland (CBI) governor, Philip Lane.

• Amundi launches new responsible equity ETF for emerging markets

  05 February 2019

  Amundi has added to its range of 'socially responsible investing' (SRI) exchange traded funds (ETFs), with a new product tracking the MSCI Emerging Markets (EM) SRI index.

• UBS targets 50 oil, gas and utility companies for engagement

  05 February 2019

  UBS Asset Management has identified 50 oil, gas and utility companies as climate-related engagement targets, as it looks to tackle ‘one of the most pressing concerns investors currently face’.

• Climate change will hit Trump-voting states most, says think-tank

  05 February 2019

  Climate change is likely to have the hardest economic impact on Republican-voting US states that backed President Donald Trump and other politicians opposed to reining in greenhouse gases, according to the Brookings Institution.

• EU Carbon market update, 5 February 2019

  05 February 2019

  Further falls for EU Allowance prices look likely, despite lower auction volumes, unless generation spreads improve or gas prices stop dropping, says Louis Redshaw.

• KBI offers fossil-free funds as divestments soar

  04 February 2019

  Dublin-based asset manager KBI Global Investors (KBIGI) has announced three fossil-free equity funds on the back of a ballooning divestment movement.

• FTSE Russell and Solactive launch ESG indices

  04 February 2019

  Two new environmental, social and governance (ESG) indices have been launched. FTSE Russell has created a new equity ESG index, and Solactive has collaborated with ISS ESG to produce a series of ESG indexes covering both equities and fixed income.

• BlackRock forecasts sharp growth in sustainable funds

  04 February 2019

  The size of sustainability-themed investment funds is set to nearly double in size over the next decade, reaching about $1.5 trillion by 2028, the world’s largest asset manager has predicted.