News

• First 'blue bond' in Vietnam issued

  01 July 2024

  Southeast Asia Commercial Bank (SeABank) has raised $75 million from a sustainable bond which is the first in Vietnam to include a 'blue bond' tranche focused on sustainable marine and water projects.

• WHEB warns regulation is creating 'unintentional stewardship stampede'

  01 July 2024

  The sustainable finance market is facing an avalanche of disclosures, which is reducing the quality of reporting, WHEB Asset Management has warned.

• BNG success 'jeopardised' by local authority burden, says Gresham House

  01 July 2024

  The implementation of England's Biodiversity Net Gain (BNG) legislation is being 'jeopardised' by the lack of resource within local authorities, Gresham House has said, as it called for more support from government.

• Impact Expansion reaches €150m hard cap with maiden fund

  01 July 2024

  Impact Expansion, a spin-out from European impact investment firm KOIS Impact, has closed its debut fund at its €150 million ($160 million) hard-cap.

• LGIM, MUFG and Generation IM among second round of TNFD adopters

  28 June 2024

  Investor giants Legal & General Investment Management (LGIM) and Mitsubishi UFJ Financial Group are among the second round of organisations announced as early adopters of the Taskforce on Nature-Related Financial Disclosures (TNFD).

• Aviva calls for NDCs to become national transition plans

  28 June 2024

  Countries preparing their next set of climate targets should use it as an opportunity to prepare comprehensive, national climate transition plans that can plug into those being used by financial institutions, Aviva has urged.

• Winners of Environmental Finance's Sustainable Investment Awards 2024 revealed

  28 June 2024

  The winners of Environmental Finance's annual Sustainable Investment Awards for 2024 have been announced.

  

• Hub targeting €650bn raise for EU cities' transition

  27 June 2024

  An EU-backed hub has been launched to raise €650 billion towards transitioning over 100 cities to net zero, with plans to attract private capital through green bonds or local funds.

• Stafford and JPMAM to manage £300m of timber assets for pension funds

  27 June 2024

  Stafford Capital Partners and J.P. Morgan Asset Management (JPMAM) are to manage a £300 million ($375 million) timberland-dedicated mandate for The ACCESS Pool.

• Data providers called on by $8trn investors to step up deforestation coverage

  27 June 2024

  Data providers have been urged to step up their coverage of deforestation risk exposure by a coalition of major global investors, including Aviva and Generation Investment Management.