News

ECB reveals three-pronged approach to incentivise decarbonisation

The European Central Bank (ECB) will from next month use a three-pronged approach to 'tilting' its purchases of corporate bonds towards those from issuers with higher climate scores, as it looks to incentivise issuers to decarbonise.

Inaugural Environmental Finance Sustainable Company Awards winners revealed

The inaugural winners of the annual Environmental Finance Sustainable Company Awards have been announced

Onshore Chinese green bonds pose challenge for international investors, says HKMA

Onshore green bonds in mainland China are "difficult" for international investors to fit into their sustainability strategies because issuance frameworks often diverge from international norms, said the Hong Kong Monetary Authority (HKMA).

AXA-backed firm launches 1,000-hectare forest programme

Carbon offset firm Shared Wood Company (SWC), which is supported by AXA Investment Managers (IM), has launched a 1,000-hectare tree-planting programme in France in its first deal.

People moves 16 September: State Street, UBS, US SIF ... and more

Exchange for 'impact' US equities expected in 2023

Green Exchange has said it is in discussions with the US Securities and Exchange Commission (SEC) to register a new equities exchange dedicated to "bridging the gap" between investors and public companies seeking to make positive environmental impact.

Credit quality to be hit by 'locked in' emissions

Emissions which are already 'locked in' will have growing negative implications for credit across several sectors and issuers, says Moody's Investors Service

IOSCO welcomes work on global sustainability assurance standards

The International Organization of Securities Commissions (IOSCO) has welcomed work to develop globally applicable standards for the assurance of sustainability-related information.

Cost-of-living crisis spurs living wage engagement, says Hermes

The global cost-of-living crisis has spurred engagement with companies on the living wage by investment manager Federated Hermes, an executive at the firm's stewardship provider has said

Loan round-up: Telia, Tages, Aena, Opal HealthCare, PACT ... and more