News

• Stormy weather cost German insurers $3bn in 2018

  07 January 2019

  Storms and heavy rain cost Germany’s property and casualty (P&C) insurers €2.7 billion ($3 billion) in insured losses for 2018, according to the German Insurance Association (GDV).

• People Moves: Columbia Threadneedle, Natixis, NBIM, BMO Capital Markets, Hong Kong Green Finance Association, FRC, Pattern Energy and NextEra Energy Partners

  04 January 2019

  Columbia Threadneedle boosts responsible investment team

• EU unveils draft rules on ESG integration in investment advice

  04 January 2019

  Draft rules on how investment firms and insurance distributors should consider sustainability topics when they advise clients have been published by the European Commission.

• Analysts bullish on EUAs in 2019, despite hard Brexit threat

  04 January 2019

  EU carbon allowance (EUA) prices are expected in 2019 to build on the extraordinary gains they made last year, despite the danger of a 'hard Brexit' disrupting the market, analysts have predicted.

• Natixis launches sustainable equity fund

  04 January 2019

  Natixis Investment Managers has launched a sustainable equity fund, aiming to maximise exposure to non-US companies with a positive impact on the UN Sustainable Development Goals (SDGs).

• NTR raises €229m for second renewables fund

  03 January 2019

  European infrastructure developer NTR has attracted commitments of €229 million ($260 million) for its second renewables fund, of which €145 million has been raised at first close.

• NYK receives Yen2bn green loan from Taiyo Life Insurance

  02 January 2019

  Japanese shipping company Nippon Yusen Kaisha (NYK) has received a ¥2 billion ($18.29 million) green loan from Taiyo Life Insurance to finance the building of a methanol-fuelled chemical tanker.

• Green bond comment, January 2019: Building a ‘big tent’ for sustainability

  02 January 2019

  While the overall value of green bonds issued in 2018 slumped amid testing conditions in the broader debt capital markets, the combined issuance of green, social and sustainability bonds grew year-on-year to almost $200 billion.

• Green bond round-up, 2 January 2019

  02 January 2019

  Automobile giant Toyota is set to return to the green bond market this month.

• Japanese government releases TCFD guidance

  02 January 2019

  The Japanese Ministry of Economy and Trade (METI) has set out to spur support for the Task Force on Climate-related Financial Disclosures (TCFD), by issuing guidance on how to apply its recommendations.