News

Investors welcome guidance on green bond reporting from Nordic issuers

Investors have welcomed a set of guidelines intended primarily to help Nordic public sector borrowers report on the environmental impact of their green bonds.

Rathbone Greenbank funds hit £1bn

Rathbone Greenbank Investments has hit £1 billion ($1.3 billion) in funds under management, as it claims ethical investing has gone mainstream.

Shell and BP shareholder capital at risk, says ShareAction

Shareholders need to escalate engagement action with the management and boards of oil companies BP and Shell over the low-carbon transition as they face significant financial risk, according to responsible investment non-profit organisation ShareAction.

Green bonds round-up, 25 October 2017

The International Finance Corporation (IFC) has issued its third $1 billion green bond for investment in emerging markets, taking its total issuance to more than $7 billion.

BMO's Responsible EM fund carbon intensity 85.5% below benchmark

BMO Global Asset Management said the carbon intensity of its Responsible Emerging Markets Strategy is 85.5% less than that of its benchmark, the MSCI Emerging Markets Index.

La Francaise takes full control of Inflection Point

French asset manager La Francaise has taken full control of Inflection Point Capital

Ottawa ready to issue a green bond of up to C$150 million

The city of Ottawa is in line to issue a green bond of between C$100 million and C$150 million ($79 million - $118 million) before the end of this year.

Storebrand snaps up ESG investor Skagen

Storebrand, the largest asset manager in Norway, has acquired fellow Norwegian fund manager Skagen for NOK1.6 billion ($200 million).

Swiss institutions' portfolios on track for 4°C- 6°C global warming

Most companies are not currently transitioning to low-carbon, says CDP

Large companies do not currently have the targets necessary to transition to a low-carbon economy, though the number that do is increasing and the majority plan to, according to CDP, formerly the Carbon Disclosure Project.