News

NZAOA has 'low' climate voting transparency

Several members of the Net Zero Asset Owner Alliance (NZAOA) lack transparency when it comes to their proxy votes cast on climate-related proposals, academics have said.

KGAL raises €260m for impact fund

KGAL has raised €260 million ($294 million) of equity for a renewable energy fund, more than half of its original €500 million fundraising target.

Loan round-up: Volkswagen, Triton, Reliance, Stora Enso, Boralex ... and more

Mandatory EU GBS not the way to go - EIB

Proposals to make an EU green bond standard mandatory would be counter-productive, according to the European Investment Bank (EIB)'s head of capital markets.

Eurazeo invests in activist investment app

Bond round-up: Bank of America, NTT, Flexential, Newmont, Merck, Latvia ... and more

Denmark to issue debut 'twin' green bond in January

Denmark has announced it will issue its debut sovereign green bond in January which will replicate the innovative 'twin bond' concept launched by Germany in 2020, as it kick-starts its green bond programme intending to raise up to NOK12 billion ($1.3 billion) in 2022.

Environmental theme 'underperformed by 31% this year'

Stocks identified as environmentally-themed underperformed the wider market by 31% this year, BNP Paribas Asset Management has said.

Row over 'dangerous' TPI benchmark

ELFA calls for ESG data scale-up across leveraged loans

The European Leveraged Finance Association (ELFA) has found that environmental, social and governance (ESG) data vendor coverage is "severely lacking" for leveraged loans and high yield bonds, compared to investment grade companies.