News

• NYK ready to issue shipping's first green bond

  17 April 2018

  Nippon Yusen Kaisha (NYK) will become the world's first shipping company to issue a labelled green bond, hot on the heels of the industry's commitment to halve carbon emissions by 2050.

• EU carbon market weekly update - 16 April 2018

  17 April 2018

  Buying demand is strong and further gains cannot be ruled out, but weak auctions suggest a correction could be a possibility, says Louis Redshaw

• LGIM urges greater climate action in letter to CEOs

  17 April 2018

  Legal & General Investment Management (LGIM) has issued a rallying call for companies to act faster on climate change, in a letter to the CEOs of some of the world's largest companies.

• Major corporates use science-based targets to cut emissions

  17 April 2018

  More than 100 major global companies have now set emission reduction targets that align with the Paris Agreement, according to the Science Based Targets initiative (SBTi).

• Shipping's historic pledge saluted but "could have gone further"

  16 April 2018

  A firm commitment from the shipping industry to cut emissions – the first from the sector – has been welcomed by industry observers but some believe it could have gone even further.

• M&G launches private debt impact fund

  16 April 2018

  UK asset manager M&G Investments has launched a fund focusing on private and illiquid debt that will deliver a positive social or environmental impact.

• Pension funds buy stake in UK water utility from KKR

  16 April 2018

  US-based investment firm KKR has agreed to sell its 75% stake in UK water utility South Staffordshire for an undisclosed amount to Arjun Infrastructure Partners (AIP).

• Tideway completes £150m green private placement

  13 April 2018

  London 'super sewer' developer Tideway has issued its third green bond, a £150 million ($214 million) private placement with an unnamed insurer.

  

• Shipping makes historic pledge to tackle climate change

  13 April 2018

  The shipping industry has placed carbon emissions reduction at the heart of its agenda following a long-awaited conference at the International Maritime Organisation (IMO).

• Luxembourg pension fund issues RfP for €1bn ESG mandate

  13 April 2018

  Luxembourg pension reserve fund Fonds de Compensation (FDC) has made a request for proposals (RfP) for an ESG mandate worth €1 billion ($1.2 billion).