News

Bond round-up: EU, Snam, CAFFIL and more

CA100+ adds six investor members to Global Steering Committee

Climate Action 100+ (CA100+), the world's biggest collaborative engagement initiative, has named six new investor members to join its Global Steering Committee.

Exclusive: Innovative carbon credit that pays to decommission oil fields in $10m funding round

A carbon market firm is looking to raise $10 million to enable it to roll out a new type of carbon credit that will pay oil companies not to extract reserves.

Snam raises €650m from EU Taxonomy-aligned 'transition' bond

Italian energy infrastructure firm Snam has raised €650 million ($710 million) from its second EU Taxonomy-aligned transition bond, in a deal which was more than four-times oversubscribed.

COP28: 'MDBs need to commit to developing debt-for-nature swaps'

At COP28, multilateral development banks (MDBs) need to commit to further developing the infrastructure of debt-for-nature swaps to help grow the market, The Nature Conservancy has said.

Goldman Sachs: social impact investing to grow in 2024

"The leg of sustainability that investors will focus on next is social impact," according to Goldman Sachs Asset Management's 2024 investment outlook.

ASEAN data utility working with Japanese banks to harmonise supply chain data

The creators of a Single Accesspoint for ESG Data (SAFE) are partnering with Japanese financial institutions in an attempt to ensure financial institutions in the ASEAN region have full visibility of sustainability information throughout their supply chains, it has been revealed.

Pressure banks to include climate risk info in financial statements, investors told

Shareholders pushing banks to better manage climate risk should pressure them to add this information to their financial statements, according to a stewardship specialist.

Investors lacking 'maturity' on nature engagement

Investors are increasingly engaging with companies on the subject of natural capital, but they are not yet asking mature questions, a nature coalition told Environmental Finance.

Asset managers' climate stewardship needs to be 'dismantled', says pension fund

An analysis of asset managers' voting records on climate resolutions at oil and gas companies has triggered one of the UK's biggest pension funds to call for a "complete dismantling" of the industry's approach to stewardship.