News

• France’s AFEP warns EU on oversimplified sustainability taxonomy

  19 November 2018

  The influential French Association of Large Companies (AFEP) has issued a striking warning to the European Commission that its sustainability taxonomy risks presenting an oversimplified solution to a complex problem.

• Green buildings can boost MBS credit quality, says Moody's

  16 November 2018

  Green buildings have the potential to boost the creditworthiness of mortgage-backed securities (MBS), according to Moody's.

• People Moves: GIIN and FTSE Russell

  16 November 2018

  Sean Gilbert has been appointed as director of membership at the Global Impact Investing Network (GIIN).

• Unlocking the trillions: the role of financial centres, regulation and leasing

  16 November 2018

  Increased cooperation between financial centres to promote sustainability, changes in regulation, and more securitisations are some of the solutions that can help unlock the trillions of dollars needed to address climate change, a conference heard.

• Neoen increases IPO capital raise to €697m

  16 November 2018

  French renewables company Neoen has sold an additional $68.9 million ($78 million) of its shares, taking the total raised in its initial public offering (IPO) to €697 million.

• Don't use ESG, it's so 1990s, says Hermes

  15 November 2018

  Investors should look at the sustainability of the companies in which they invest, rather than using backwards-looking environmental, social and governance (ESG) data, Hermes Investment Management has argued.

• Standardisation of ESG data may not be a good thing, says Yale academic

  15 November 2018

  Standardisation of data on environmental, social and governance (ESG) issues may hinder rather than help investors, according to a researcher at Yale University.

• Green bonds round-up, 14 November 2018

  14 November 2018

  Netherlands-based ING Group has completed a dual-tranche green bond worth $2.96 billion, making it the largest Europe-based financial institution issuer of green bonds.

• IBRD marks 10 years of green bonds with $1.2bn issue

  14 November 2018

  The International Bank for Reconstruction and Development (IBRD), part of the World Bank Group, has issued two benchmark green bonds to mark the tenth anniversary of its entry into the market in 2008.

• Carbone 4 supports inclusion of Scope 3 in EU benchmark proposals

  14 November 2018

  European Commission proposals to introduce minimum standards for low-carbon benchmarks should factor in emissions from a company’s value chain - so-called Scope 3 emissions - according to a member of the group mandated to deliver the changes.