News

Carbon offset firm launches with backing of AXA IM

A carbon offset company, with a name inspired by legendary outlaw Robin Hood and supported by AXA Investment Managers (IM), has been launched.

CDPQ, Mirova in €200m hydrogen funding round

Canadian pension fund CDPQ and France's Mirova are among the investors in a €200 million ($230 million) funding round for hydrogen energy production project developer Hy2gen, in a deal billed as the largest single private investment in hydrogen to date.

UOB exceeds sustainability targets

United Overseas Bank Group's (UOB) sustainable finance portfolio reached S$17 billion ($12.6 billion) in 2021, exceeding its target of hitting a S$15 billion sustainable finance portfolio by 2023.

Big Society Capital, Cardano to invest up to £195m in affordable housing

Cardano and Big Society Capital are targeting investments of up to £195 million ($265 million) in real estate fund strategies to address the shortage of affordable housing in the UK.

Bond round-up: CFE, Nordea, DZ Hyp, Riyad Bank, Toda ... and more

ANZ to invest $50m in asset manager Pollination

ANZ has invested $50 million for a minority stake in Pollination, which the banking group said would drive the transition to net zero and support biodiversity in the Asia-Pacific region.

Sustainable Bonds Insight 2022 published

2021 was the year the green, social, sustainability and sustainability-linked (GSSS) bond market passed the $1 trillion issuance milestone.

PFZW to divest up to €4.5bn of fossil fuel companies

Dutch pension giant PFZW has said it will divest up to €4.5 billion ($5.1 billion) of assets in fossil fuel companies who fail to plan to decarbonise.

Environmental risk regulations tightened in Nepal

Environmental and social risks will have to be considered by banks and financial institutions under new requirements from the Nepalese central bank.

Building emissions database launched

An emissions database for European buildings has been launched by the Partnership for Carbon Accounting Financials (PCAF).