News

Generali issues first 'green' cat bond

Italian insurer Generali has sponsored a €200 million ($239 million) 'green' catastrophe (cat) bond, believed to be the first 'green' insurance-linked security (ILS) ever issued.

Winners of Environmental Finance's Sustainable Investment Awards 2021 revealed

The awards honour investors and other players in the market who have been leaders in the field of sustainable finance.

Gold Standard tightens carbon credits guide to stop double counting

Voluntary carbon market certification company Gold Standard is to change its guidelines in a bid to crack down on the risk that offsets are 'double counted'.

People Moves 25 June: RepRisk; Impact Principles and more

News round-up: M&G portfolio targeting 'Paris-alignment'; Mirova fund hits $1bn milestone; Royal London sets net-zero goal

Record-breaking ESG resolution season in 2021 as majority votes abound

The "unprecedented" level of majority shareholder votes in favour of environmental, social and governance (ESG) proposals...

EBA discourages emergence of sustainability-linked AT1 bonds

The European Banking Agency (EBA) has discouraged EU banks from issuing additional tier 1 (AT1) capital instruments in sustainability-linked format, arguing the penalties associated with a missed target could encourage early redemption of the bond.

ISO drafts sustainability standards

The International Organization for Standardization's (ISO) standards for sustainable finance have taken an important step forwards, after a draft was passed to the body's members for comment.

Mirova invests in Belize marine protection

Mirova has helped fund a $1.2 million blended finance facility to improve the management of Belize's marine protected areas and contribute to its blue economy.

Green and sustainability-linked loan round-up: Lam Research, Ramsay Health Care, Hapag-Lloyd, AAK ... and more