News

CEB issues 'first' social bond targeting Ukraine refugee crisis

The Council of Europe Development Bank (CEB) has issued a €1 billion ($1.1 billion) 'social inclusion bond' to fund the response to the Ukraine refugee crisis caused by the country's invasion by Russia, believed to be the first social bond to target the crisis.

Sustainable ETF flows struggle in 2022 despite clean energy boost

Sustainable exchange traded products (ETPs) have struggled to carry the flow momentum from 2021 into 2022, with monthly inflows in the first three months of 2022 around half the levels reported in in late 2021.

LAPFF reveals 'litany' of ESG risks at mining companies

A series of financial risks related to poor ESG practices at five mining companies has been uncovered by the Local Authority Pension Fund Forum (LAPFF).

UK supermarket Sainsbury's bows to investor pressure on wages

UK grocer Sainsbury's has said it will raise pay for certain employees, after a £2.2 trillion ($2.9 trillion) coalition of shareholders put pressure on the company to become a 'living wage' employer.

People Moves 8 April: Sustainalytics, Alecta, ShareAction & more...

UK energy security plan 'should have gone further'

Investors have warned the UK government's energy security plan does not go far enough in transitioning the power supply to greener sources.

Decarbonising properties a 'clear opportunity' for impact investors

The latest report from the Intergovernmental Panel on Climate Change (IPCC) said the decarbonising of buildings has seen "not enough by far" global investment, which impact fund manager Snowball said showed a "clear opportunity" for investors.

Loan round-up: Sopra Steria, Johnson Matthey, SoftBank, Hydro Alunorte ... and more

0.8% of KBI's water strategy is 'detrimental' to SDGs

Just 0.8% of the revenue of Irish asset manager KBI Global Investor's water strategy is "detrimental" to the UN Sustainable Development Goals (SDGs), it has said.

EU energy security plan will boost green bonds, says HSBC

The energy security plan proposed by the EU in response to the Russian invasion of Ukraine will lead to "more scope for" green bond issuance from corporates and sub-sovereigns...