News

  • Dedicated transition funds 'needed to drive change'

    09 January 2024

    Dedicated "transition" strategies can help "preserve clarity" in the sustainable investment sector and drive real change in the economy, said Altius Asset Management (Altius AM),...

  • SMF raises IDR700bn from 'milestone' Indonesian social bond, sukuk

    09 January 2024

    State-owned housing finance firm Sarana Multigriya Finansial (SMF) has raised IDR700 billion ($45 million) from a dual-tranche social bond and social sukuk as it launches an IDR9.5 trillion issuance programme.

  • Funds with about £110bn in AUM to opt for UK FCA labels, Morningstar estimates

    09 January 2024

    About 300 investment funds, which collectively manage about £110 billion ($140 billion), are set to adopt new UK sustainability fund labels this year, according to estimates by Morningstar.

  • Impax acquires fixed income manager as bonds become 'strategic priority'

    09 January 2024

    Sustainability specialist Impax Asset Management is to acquire fixed income manager Absalon Corporate Credit from Copenhagen-based Formuepleje Group.

  • EF Sustainable Debt Awards 2024 nominations open

    09 January 2024

    Nominations have opened for the 2024 Environmental Finance Sustainable Debt Awards, formerly known as the Environmental Finance Bond Awards.

  • Mirova bullish about European renewables as it trumpets wind exit

    09 January 2024

    Mirova said it continues to see opportunities in the European renewables market despite the macroeconomic outlook, as it exited a wind project investment that saw its valuation boosted by higher energy prices.

  • NZBA to publish accountability mechanism in 'coming weeks'

    08 January 2024

    The Net Zero Banking Alliance (NZBA) will in "coming weeks" publish details of its procedure for engaging with members not meeting their commitments, ahead of a deadline for the founding members of UN-convened alliance to report their targets.

  • UK government urged to strengthen biodiversity credit legislation

    08 January 2024

    The UK government has been urged by WWF to strengthen its mandatory biodiversity credit legislation, amid warnings that a lack of regulation creates is "fertile ground" for poor quality credits.

  • ESG fund flows outperform broader market in 'resilient' 2023

    08 January 2024

    The flows into environmental, social and governance (ESG)-focused funds "outstripped" the broader market in 2023 despite overall inflow totals remaining lower than recent records, according to Barclays research.

  • Corporate sustainable bond issuance 'slump' to reverse in 2024, says Barclays

    05 January 2024

    Corporate sustainable bond issuance in 2024 is forecast to reverse following a two-year "slump" as US dollar supply returns to growth following a sharp decline in 2023, according to Barclays.