News

Aavishkaar eyes first carbon strategy

Aavishkaar Capital is looking to fundraise for its first carbon strategy, Environmental Finance has learned.

'EU ESG ratings regulation has already improved transparency'

The EU's ESG ratings regulation has already contributed to improvements in transparency and comparability of products, according to a manager at PwC.

UmweltBank launches €50m green and social bond ETF

German sustainability-focused bank UmweltBank has launched a passively managed €50 million ($58 million) dedicated green and social bond exchange-traded fund (ETF).

Thai water firm issues IFC-backed 'blue bond'

Thai water infrastructure and supply firm East Water has raised THB620 million ($19 million) from its debut 'blue' bond which has been backed by the International Finance Corporation (IFC).

Sustainable debt round-up: Svenska Handelsbanken, OCBC and AirTrunk ... and more

'Rising interest' in SLBs in 'maturing' Cambodian sustainable bond market

There is growing interest in sustainability-linked bonds (SLBs) in Cambodia as a pioneering 'accelerator' initiative generates a strengthening pipeline of issuance.

Nature impact target-setting guidance launched for banks

The UN Environment Programme Finance Initiative (UNEP FI) has launched a consultation on proposed guidance for banks setting nature impact targets.

Sosteneo onboards EU-only backers for €620m maiden fund

Sosteneo, the greenfield infrastructure investment manager of Generali Investments, has closed its maiden fund with €620 million ($720 million) in capital commitments, and announced it will launch a second.

M&G continues to back D&I despite market backsliding

M&G has told Environmental Finance that diversity and inclusion-related (D&I) funds can continue to find positive opportunities despite a wider "hushing" on the issue.

BoE falling behind on climate risk and needs strategy overhaul, says WWF

The Bank of England has been criticised for its failure to advance its work on climate risk despite identifying it as a threat to the UK financial system, as WWF urged it to update scenario analysis it has not repeated since 2021.