News

Green bond round-up, 30 May

The Asia-Pacific green bond market is poised for significant growth, with some $600 billion of new issues expected over the next five years, according to Bank of America Merrill Lynch (BAML).

GPIF to triple ESG index allocation to $30bn

The world’s largest pension fund plans to triple its allocation to three environmental, social and governance (ESG) indexes, according to the company’s chief investment officer.

New food index finds most meat and fish companies are of ‘high risk’

More than half of meat and fish companies are of ‘high risk’, according to the first index for global food companies launched by the $5.9 trillion investor network FAIRR.

EU carbon update, 29 May 2018

PRI to put 185 responsible investment laggards on watchlist

The Principles for Responsible Investment (PRI) is to place 185 of its signatories on a watchlist for failing to meet a new set of minimum standards, amid pressure to expel responsible investment (RI) laggards.

Robeco targets SDG-positive bonds with new credit strategy

Robeco and RobecoSAM have introduced a new fund that will be allocated to bonds issued by corporates in alignment with the UN's Sustainable Development Goals (SDGs).

Amundi creates position of chief responsible investment officer

Amundi has appointed Stanislas Pottier to the new position of chief responsible investment officer.

RGGI carbon prices fail to hold on to Q3 gains

The price of emission allowances in the US Regional Greenhouse Gas Initiative (RGGI) has slipped back below $4 in the secondary market in recent weeks after surging to $4.65 in August on news of planned rule changes.

Partners Group plans to invest A$700m in Australian renewable energy

Partners Group has agreed to invest A$700 million ($527.4 million) in the development of a series of large-scale renewable energy projects in Australia.

Generali links credit facilities with ESG factors

Generali has introduced environmental, social and governance (ESG) features into its revolving credit facilities, in the latest example of these so-called non-financial factors being incorporated into loans.