News

• Enel Green Power prepares €280m investment in renewables in 2019

  21 May 2018

  Enel Green Power Espana (EGPE), a subsidiary of Spanish energy group Endesa, has revealed plans to splash out €280 million ($329.6 million) on building solar plants and wind farms next year.

• People moves: Montanaro Asset Management, UNEP Finance Initiative, Beyond Ratings and Lekela

  18 May 2018

  Montanaro Asset Management has set up an advisory committee for its Better World Fund, to be chaired by Michael Sheren, senior advisor within the Bank of England's Prudential Regulation Authority.

• $10trn of investors urge oil and gas companies to ramp up climate efforts

  18 May 2018

  Sixty big investors have urged the oil and gas industry to take responsibility for all its emissions, as some of the sector’s most powerful players prepare for their annual shareholder meetings.

• TCFD webinar: Banks' response to climate risk is just beginning

  18 May 2018

  Banks are in "the early days" of understanding and addressing the climate risks in their portfolios, a webinar hosted by Environmental Finance heard.

• Bank of America completes largest green bond issue, of $2.25bn

  18 May 2018

  Bank of America Corporation has raised $2.25 billion from its largest green bond issue, in a twice over-subscribed transaction to fund renewable energy projects.

• Affirmative's new impact bond fund kicks off with $30m

  17 May 2018

  Affirmative Investment Management (AIM) has launched an impact fund to be focused on short-term bonds.

• Board governance drives sustainability performance but companies still "have work to do"

  17 May 2018

  Many large companies' governance of sustainability issues is rudimentary or piecemeal, a Ceres study has found.

• UK politicians recommend using dormant assets for green investments

  17 May 2018

  MPs on the UK's Environmental Audit Committee have published a report recommending that dormant assets in the asset management and insurance industry should be used to counter a drop in green investments.

• Green bond round-up, 16 May

  16 May 2018

  The African Development Bank (AfDB) has priced its second social bond to help finance socio-economic development on the continent.

• Newton makes sustainable fixed income debut with new fund

  16 May 2018

  Newton Investment Management has launched its first sustainable fixed income fund, as it continues to "turn up the volume" on its ESG offering.