News

• MSCI ESG index outperforms benchmark over five years

  05 September 2017

  An ESG index developed by MSCI that excludes a small number of "red-flag" stocks and tilts the remaining constituents towards companies with strong sustainability performance has outperformed its benchmark by 39 basis points annually since 2012.

• EU carbon market weekly update - 4 September 2017

  04 September 2017

  Carbon fell more than 4% last week to reverse the previous week's gains. In the face of increasing auction supply and falling power prices, carbon could not continue the upward momentum seen through August

• Indian bank 'planning $3bn green bond issue'

  04 September 2017

  State Bank of India, the country's largest commercial bank, is planning to raise up to $3 billion from a green bond issue, according to local press reports.

• Moringa purchases stake in Brazilian agro-forestry project

  04 September 2017

  Agro-forestry fund Moringa has committed to a $6 million investment in Brazilian company Floresta Viva, a producer of heart of palm, a vegetable derived from the palm tree.

• Greensphere launches new strategy

  01 September 2017

  Sustainability-focused private equity firm Greensphere Capital has launched a new strategy after being spun out from US giant TPG Partners earlier this year.

• People Moves: Gridserve, CDP, Brunel Pension Partnership

  01 September 2017

  Former Greencoat Capital and Temporis Capital financier Mark Henderson has joined energy storage company Gridserve as its chief investment officer.

• NN Group conducts carbon footprint analysis of investments

  01 September 2017

  Dutch insurer NN Group has published the results of its first carbon footprint analysis, and said the study could ultimately lead to divestment from companies judged to pose climate change transition risks.

• Zurich completes $2bn green bond mandate

  31 August 2017

  Zurich Insurance Company has fulfilled its pledge to buy $2 billion of green bonds - some three-and-a-half years after announcing the target.

• US outpaces France as leader in 2017 green bond issuance

  30 August 2017

  Issuance in the US green bond market has overtaken that of France in terms of volume, with a total figure of $22.2 billion so far in 2017, a report by Swedish bank SEB has revealed.

• SSE to price inaugural green bond

  30 August 2017

  Scottish energy company SSE, formerly known as Scottish and Southern Energy, is marketing its first green bond, hoping to raise €500 million ($600m).