News

France raises pressure on financial sector to deliver climate commitments

French financial regulators are stepping up pressure on the bulk of French domestic banks, insurers and asset managers to follow through on their climate commitments.

Responsible soy credit facility to issue $1bn in green bonds

A credit facility that aims to issue $1 billion in green bonds to fund sustainable soy production in Brazil has been launched at London Climate Action Week.

LGIM launches water ETF

Legal & General Investment Management (LGIM) has launched a water-themed exchange-traded fund (ETF), as it seeks to tap investor demand for thematic funds and low-cost investments.

Aviva launches workplace pension scheme based on ESG funds

Aviva has launched a default workplace pension scheme that will incorporate ESG and ethical considerations, based on the Aviva Stewardship funds.

Green, social and sustainability bond issuance leaps 37% in H1

Issuance of labelled green, social and sustainability bonds jumped 37% in the first six months of this year to $147.8 billion, according to Environmental Finance’s Bond database.

Bond round-up: Westpac, CGNPC, Prologis, Hera, Hannon Armstrong ... and more

Glennmont buys stake in German wind farm from GIP

London-based fund manager Glennmont Partners has struck a deal to buy a 25% stake in the 330MW Gode Wind 1 offshore wind farm in the German portion of the North Sea.

UK Green Finance Strategy sets disclosure expectations

UK City Minister John Glen ordered companies and large asset owners to disclose climate-related risks by 2022 or face mandatory regulation.

UK Green Finance Institute 'to boost catastrophe bonds and green mortgages'

Scaling up the catastrophe bond market and the issuance of green mortgages will be among the priorities for the UK's Green Finance Institute, which was officially launched today.

EU Weekly Carbon Update, 2 July 2019

This week's auction volume is the largest yet seen in 2019, but technical analysts continue to paint a bullish picture of the EUA market, says Louis Redshaw.