News

People moves: Nordic Investment Bank, Macquarie Capital, Macquarie Infrastructure and Real Assets, GWEC and EIB

Green Finance Institute to be launched in London

The UK will set up a Green Finance Institute (GFI) in London, Chancellor of the Exchequer Philip Hammond announced in his annual Mansion House speech last night.

Hermes IM launches carbon risk assessment tool

Hermes fund managers will be able to assess portfolio carbon risk more effectively with the launch of a data analysis tool, according to the investment manager.

Newham Pension Fund invests in KGAL renewables fund

The London Borough of Newham Pension Fund has become the first UK investor in KGAL's fourth renewables fund.

Singapore, Germany and Italy tipped as likely green bond issuers

Verisk Maplecroft has tipped Singapore as the country most likely to be the next to enter the sovereign green bond market.

Green bond round-up, 20 June, 2018

ESG investors flock to Australian SDG bond National Australia Bank (NAB) has issued its first 'green SDG bond' which it said aligns with the Green Bond Principles while also contributing to the UN's Sustainable Development Goals (SDGs).

Hannover Re is latest insurer to 'exit coal'

Hannover Re is set to become the latest reinsurer to sell some of its coal-related investments.

Fiji PM urges public-private climate pushback in 'frightening new era'

The Prime Minister of Fiji has urged national governments to issue green bonds and form their own green banks, in an impassioned speech to drive greater public-private cooperation on climate finance.

ESG analysis boosts emerging market sovereign bond returns, says asset manager

Fully integrating environmental, social and governance (ESG) factors into the investment process can greatly improve returns from portfolios of emerging market sovereign bonds, according to Belgian finance house Degroof Petercam (DP).

Landmark change as Government says pension trustees must state policy on ESG risks

London, 18th December 2017 - The Department for Work and Pensions has today published its interim response to the Law Commission's report Pension Funds and Social Investment. Crucially, it responds to recommendations that would require trust-based pension schemes to report on their approach to environmental, social and governance (ESG) factors, ethical investment and stewardship, saying it is "minded" to introduce the changes. The FCA, at whom similar recommendations were aimed, has responded saying it will "consider" the Law Commission's report and what "form of rule changes may be appropriate".