News

• AP1 and Arabesque to develop 'first of its kind' human rights risk score

  04 October 2018

  Swedish buffer fund Första AP-fonden (AP1) is to plug into data from 'sustainability quant' firm Arabesque, and the companies will work together to devise a "first of its kind" human rights risk score.

• Green bonds round-up, 3 October 2018

  03 October 2018

  Getlink said its inaugural green bond had been "comfortably oversubscribed", helping it raise €550 million ($635 million) rather than the €500 million originally envisaged.

• ING observes pricing benefits in US green ABS upturn

  02 October 2018

  Issuer and investor interest in green asset-backed securities (ABS) has grown significantly in the US in the past 12 months, according to ING Americas.

• Impax Asia fund 'set to benefit' from China's infrastructure drive

  02 October 2018

  Impax Asset Management's Asia fund has shrugged off its recent underperformance of its benchmark, arguing that it is well positioned to benefit from China's increasing focus on domestic infrastructure investment as the trade war with the US ramps up.

• Pimco launches ESG version of investment grade credit fund

  02 October 2018

  Pimco, one of the world’s leading fixed income investors, has taken another big step in its commitment to investments based on environmental, social and governance (ESG) principles.

• Climate-aligned bonds now total $1.45trn, says CBI

  02 October 2018

  The Climate Bonds Initiative (CBI) estimates that the total of 'climate-aligned' bonds outstanding is now about $1.45 trillion, of which $389 billion is in the form of labelled green bonds. The remainder consists of $747 billion of bonds from 'fully aligned' issuers and $314 billion from 'strongly aligned' issuers.

• EU carbon market update, 1 October 2018

  02 October 2018

  This week's outlook is bearish for the second week running, as auction volumes are high. However, trading has been very technical recently and speculative demand could push prices higher, says Louis Redshaw.

• BlackRock backs investment in brown issuers of green bonds

  02 October 2018

  The world’s largest asset manager has said it considers investing in green bonds “regardless of the environmental, social and governance (ESG) performance of the issuer”.

• ‘Misunderstood’ EU sustainability taxonomy is not straitjacket, says EIB

  01 October 2018

  The European Commission’s proposed taxonomy on sustainability activities should not be misconstrued as an effort to impose a straitjacket on the market, according to a director at the European Investment Bank (EIB).

• $517 billion in rated debt exposed to immediate environmental credit risk, says Moody's

  01 October 2018

  Unregulated utilities and power companies as well as coal mining and coal terminals—which have $517 billion in rated debt—have "very high" exposure to carbon regulation resulting in "immediate" environmental credit risk, said Moody's.