News

• Sustainability bond issuance will surge to $220bn in 2019, says BBVA

  02 January 2019

  Global issuance of green, social and sustainability bonds will grow by almost one-third, to $220 billion in 2019, compared with the total for last year, BBVA has predicted.

• UBS hails sustainable investing as a key strategy for 2019

  02 January 2019

  UBS has named sustainable investing as one of its five key strategies for investors in 2019, to help tackle what it described as an "environmental credit crunch".

• EU Council agrees position on low-carbon benchmarks and disclosure requirements

  21 December 2018

  The Council of the EU has agreed its position on low-carbon benchmarks and sustainability-related disclosure requirements, signalling the start of discussions with the European Parliament to thrash out the final text.

• Governance quality could drive green bond outperformance, says Nomura

  21 December 2018

  Green bonds have consistently outperformed non-green bonds in the secondary market, according to a study by Nomura Asset Management.

• Allianz buys its second solar farm in Portugal

  21 December 2018

  Bringing its equity investments in the renewable energy sector to nine solar farms and 83 wind parks

• Set climate targets, power sector told by investors with $11trn in assets

  20 December 2018

  Twelve of Europe’s highest-emitting power companies have been instructed to set out Paris-aligned transition plans by a group of investors with $11.5 trillion in assets under management (AUM), as they warn of the ‘potentially catastrophic’ effects of climate change.

• Barclays plans to double green bond investments to £4bn

  20 December 2018

  Barclays plans to grow its investments in green bonds to £4 billion ($5 billion), having already broken through its original target to commit £2 billion.

• Green Bonds round-up, 19 December

  19 December 2018

  The Asian Development Bank (ADB) has allocated THB5 billion ($152 million) to buy the whole of a two-tranche green bond offering from Thailand's B. Grimm Power.

• Nine banks add their backing to Principles for Responsible Banking

  18 December 2018

  A further nine banks and eight other stakeholders have backed the fledgling Principles for Responsible Banking, the UN Environment Finance Initiative (UNEP FI) has revealed.

• Nippon Life backs TCFD and invests in offshore wind

  18 December 2018

  Nippon Life Insurance Company – Japan’s largest life insurer – has committed to report in line with the recommendations of the Task Force on Climate-related Financial disclosures (TCFD).