News

Bond round-up: General Motors, Intel, NRW.Bank, Lenovo, M+ ... and more

BIS: Americas central banks building climate into reserves management

Central banks in the Americas are "gradually" adding climate metrics into their risk management frameworks for international reserve investments, the Bank for International Settlements (BIS) has said.

Eiopa elaborates on how insurers can consider climate change in Orsas

The European Insurance and Occupational Pensions Authority (Eiopa) has published additional guidance on how insurers can assess climate change risks in their own risk and solvency assessments (Orsas).

NN IP corporate green bond fund crosses €1bn milestone

The corporate green bond fund of NN Investment Partners (NN IP) has crossed the €1 billion ($1 billion) assets milestone less than three years after launching, becoming the second green bond fund at the Dutch asset manager to achieve this landmark.

CCLA: Clients would be 'surprised' by some of our holdings

Some of the holdings of Churches, Charities and Local Authorities (CCLA) Investment Management might not be those expected of a responsible investor, an executive has said.

Forestry fund signs £30m sustainability-linked RCF

The Foresight Sustainable Forestry (FSF) fund has signed a sustainability-linked revolving credit facility (RCF) of £30 million ($37 million).

Share buybacks must not come at the cost of transition, say MN and PGGM

Oil and gas giants should use record profits to buy back shares only if they do not come at the expense of investing in a "feasible" strategy to limit global temperature rise to 1.5°C, according to MN and PGGM.

IFRS completes absorption of VRF

The IFRS Foundation has completed its absorption of the Value Reporting Foundation, in the latest step in the consolidation of the myriad of sustainability disclosure initiatives.

Octopus grows assets to £4.6bn with pensions renewables mandates

Octopus Investments has grown its funds under management to £4.6 billion ($5.6 billion), after it raised £2 billion in the 12 months to 31 March.

Growing evidence of 'green shorting', says State Street

There is growing evidence of 'green shorting' in the securities lending markets, according to State Street Global Advisors.