Efforts among UK investment managers to tackle climate risk are worryingly weak - with less than half (44%) systematically considering it at security level before investment, according to pensions advisory LCP.
A European commercial mortgage-backed security (CMBS) has been issued that is believed to be the first to align with the Green Bond Principles (GBPs).
The largest asset manager in the world, BlackRock, has joined the Climate Action 100+ initiative, in a move that "sends a powerful signal to companies to reduce emissions, improve corporate governance and strengthen their disclosure".
Renewable energy investor Cubico Sustainable Investments has acquired its first wind farm in Greece, for an undisclosed sum.
Environmental, social and governance (ESG) ratings agency EcoVadis has agreed a $200 million equity investment from CVC Growth Partners.
Octopus Renewables has secured a £185 million ($243 million) long-term mandate from the UK pension fund of National Grid to invest in solar and onshore wind assets.
Investment managers including BlackRock and State Street are exposed to shrimp farming companies facing major sustainability concerns, a report has claimed.
Legal & General Investment Management has weighed in to the debate on Enel's controversial 'Sustainable Development Goals-linked bonds', arguing that they are "better" than green-labelled issues.
Impax Asset Management expects the textiles industry will become the 'new plastic' in terms of increased regulatory and consumer awareness.