-
Trillion-dollar wealth fund to consider dropping oil and gas investment
20 November 2017Norway's $1 trillion sovereign wealth fund is to consider divesting its holdings in oil and gas because of the risk fossil fuels pose to its portfolio.
-
Axa calls for TCFD to be made mandatory
20 November 2017Financial disclosures on climate risk should become mandatory – as they are in France, according to an executive from insurance giant Axa.
-
L&G invests £300m in world's largest offshore wind farm
20 November 2017UK financial services group Legal & General (L&G) has agreed to provide £300 million ($395 million) of long-term acquisition debt to help Danish pension funds PKA and PFA buy 50% of UK offshore wind farm Walney Extension from Ørsted (formerly known as Dong Energy).
-
'Incredible week' as green bond market breaks $100bn barrier
17 November 2017The green and social bond market saw a frenzy of activity this week, after a spate of issues that should propel the green bond market through the $100 billion barrier for the first time.
-
Knight to lead HSBC's new sustainable finance centre
17 November 2017Zoe Knight has taken a new role at HSBC as group head of the recently launched Centre of Sustainable Finance.
-
HSBC prices $1bn SDG bond
17 November 2017HSBC this week priced an innovative $1 billion bond aligned with the UN's Sustainable Development Goals (SDGs), in a deal that was three times oversubscribed.
-
InsuResilience set to deploy $550m
16 November 2017An international initiative that aims to provide insurance to 400 million poor and vulnerable people by 2020 has announced additional funding and signed up new partners.
-
Insurers urged to build relations with governments
15 November 2017Insurers should work harder to persuade governments to engage with their long-term fiscal responsibilities, which include climate change, according to Stephen Catlin.
-
Swiss and French re/insurers doing most to avoid coal underwriting
15 November 2017Swiss Re, Zurich, Axa and Scor are making the most effort to avoid underwriting the coal industry, according to a report by Unfriend Coal, a network of environmentalists which targets insurers.
-
Zurich limits coal exposure in investment and underwriting
15 November 2017Third major firm to do so after Axa and Scor
- Using the SDGs to invest in sovereign debt
- How a Super El Niño could drive food price spikes
- Regulators must clarify 'what are we trying to achieve' on sustainable finance rules
- NatureMetrics launches nature risk tool
- Snam raises €1.5bn through green bond and SLB
- PGGM: We really see return and impact value in blue bonds
- Italy expects 'gradual' growth in sovereign green bond issuance
- Draft ESRS for non-EU companies unveiled
- Will the EU pull the rug from under the ETS?
- Ferrovie dello Stato raises €650m green bond backed by strong ESG demand