News

• New York City set to be 'first US city' to launch green bond programme

  29 September 2014

  New York City expects launch a green bond programme, following in the footsteps of Ontario and Gothenburg.

• MIT issues $370m green property bond

  29 September 2014

  Massachusetts Institute of Technology (MIT) has issued a $370 million green bond to allow it refinance energy efficient buildings.

• Adamini to step down from ESG role at Actiam

  26 September 2014

  Manuel Adamini is to step down as head of environmental, social and governance research at Dutch asset manager Actiam.

• Solactive and Corporate Knights launch low-carbon index

  26 September 2014

  A family of low-carbon indexes has been launched, which claims to be the first to use a system established by the Sustainability Accounting Standards Board (SASB).

• SolarCity prices $500m of convertibles

  26 September 2014

  Solar rooftop installer SolarCity has priced a planned $500 million issue of convertible senior, unsecured notes.

• CalSTRS pledges additional $2.3 billion of cleantech investment

  25 September 2014

  Pension fund CalSTRS has pledged to more than double its investments in clean energy and technology to $3.7 billion over the next five years.

• APG to double renewables investments to €2bn

  25 September 2014

  Dutch pension firm APG Asset Management plans to double its investments in sustainable energy to €2 billion ($2.6 billion) over the next three years.

• Foresight plans £100m equity raise, with more to follow

  25 September 2014

  Foresight Solar Fund has revealed plans to raise £100 million ($163.8 million) by offering new shares and to return to the market for a similar amount over the following year.

• PRI launches carbon disclosure initiative for investors

  25 September 2014

  A group of major investors has agreed to publicly disclose the carbon footprint of their portfolios, as part of a new initiative to encourage decarbonisation.

• Investors worth $1.3trn make climate infrastructure pledge

  25 September 2014

  An alliance of pension funds and other institutional investors representing $1.3 trillion of assets has committed to try to increase their investments in 'climate-resilient infrastructure'.