News

Climate change demands new approach to infrastructure credit risk - analysts

Credit officers within banks should consider a range of financial strategies to cope with more variable cashflows from infrastructure projects arising from climate and weather risks, a report suggests.

Carbon trading soars 22% in 2017

The value of carbon allowances traded last year jumped 22% as policy decisions and regulatory reforms boosted confidence in emissions trading, according to data from Thomson Reuters.

MUFG issues €500m green bond

Japan-based banking group MUFG has issued a five-year, €500 million ($612 million) green bond, its first since September 2016.

EU carbon market weekly update - 22 January 2018

A correction is likely after last week's strong gains, but lower auction volumes mean a further rise cannot be ruled out, says Louis Redshaw.

PRI urges specific ESG policy for infrastructure investors

The UN Principles for Responsible Investment (PRI) has published advice on how investors can integrate environmental, social and governance (ESG) criteria across their infrastructure investments.

BlackRock introduces new low-carbon index fund

BlackRock has launched a low-carbon index fund within its Tax Transparent Fund (TTF) range.

Yes Bank of India commits $5bn for domestic solar projects

India's Yes Bank has committed $5 billion towards financing solar energy projects in the country.

Putnam Investments to offer two ESG funds by March

Putnam Investments plans to offer two funds with dedicated environmental, social and governance (ESG) strategies in the first quarter of 2018.

UK's rail pension fund updates voting policy with focus on climate risk

The £28 billion ($38.92 billion) UK pension fund investment manager RPMI Railpen has published its 2018 voting policy, with "a key focus" on integrating climate considerations into its voting and engagement approach.

Impax assets rise to £11.3bn with acquisition of Pax