News

• Engine No.1 takes stake in General Motors

  05 October 2021

  Engine No. 1 has announced its investment in and support for General Motors (GM)'s vision...

• Prevent sustainable fund 'greenwashing', IMF urges regulators

  05 October 2021

  Sustainable labels are becoming "increasingly important" drivers of investment fund flows...

• Green Finance Institute framework targets improved UK real estate sustainability data

  05 October 2021

  The UK's Green Finance Institute has launched a framework that aims to encourage investment in low-carbon retrofitting of energy-intensive real estate...

• OECD proposes G20 introduce policies to govern ESG data

  05 October 2021

  The G20 group of the world's largest economies should consider introducing policies to strengthen ESG investment practices of investors, including to encourage greater comparability and alignment of environmental metrics in ESG ratings, the Organisation for Economic Cooperation and Development (OECD) has said.

• Voting opens for Environmental Finance's 22nd Annual Market Rankings

  04 October 2021

  Voting has begun in Environmental Finance's Annual Market Rankings - the largest and most closely watched survey of the world's environmental markets, which is now in its 22nd year.

• Debut COP750bn Colombian green bond upsized amid strong orderbook

  04 October 2021

  Colombia has raised COP750 billion ($198 million) from its sovereign green bond debut in a deal that was upsized by COP250 billion amid strong investor demand, making it the second South American sovereign to issue sustainable bonds.

• African Development Partners fund 'exceeds target' to raise $900m

  04 October 2021

  Development Partners International (DPI), an investment firm focused on Africa, has exceeded its impact fundraising target by $100 million, to raise a total of $900 million.

• Short selling not a shortcut to net zero, says ISS ESG

  04 October 2021

  Investors who short sell a stock in anticipation that a company's market valuation will drop in line with broader societal efforts to cut emissions have been warned they must clarify that such strategies do not necessarily translate directly into real-world emissions reductions.

• Canada to expand climate disclosure requirements

  04 October 2021

  The climate-related risk disclosure requirements of financial institutions in Canada will expand, the country's financial regulator has said.

• Ford raises $15bn in first sustainability-linked facilities from a US automaker

  04 October 2021

  Ford Motor Company has signed sustainability-linked revolving credit facilities worth a combined $15.5 billion, making it the first US automaker to tie its facilities to sustainability performance targets and one of the largest borrowers globally through this type of instrument.