News

Bank of England urged to reduce climate change risk exposure by lawmakers

The Bank of England (BoE) has been urged by a group of Members of Parliament to align its £20 billion ($27 billion) asset purchase programme to the Paris Agreement and require large firms receiving help from the taxpayer during the Covid-19 pandemic to provide climate disclosures.

BIS launches second green bond fund for central banks

The Bank for International Settlements (BIS) has launched a euro-denominated green bond fund for central banks, joining its inaugural fund launched in 2019.

€1bn Flender ESG-linked buyout loan deal attracts 'phenomenal' demand

A €1 billion ($1.2 billion) sustainability-linked leveraged buyout (LBO) loan from German wind turbine gearbox maker Flender to support its buyout by private equity firm Carlyle has attracted "phenomenal" demand from investors, a banker close to the transaction told Environmental Finance.

People Moves 22 January: Credit Suisse, HFW, Impax, ELFA, ACA, National Security Council, HSBC, Jupiter, Storebrand, Triodos

Schroder BSC Social Impact Trust makes first investments

Schroder BSC Social Impact Trust has used most of the proceeds from its December initial public offering (IPO) to make seven investments valued at a combined £39.2 million ($53.5 million).

News round-up: Ontario Teachers' Pension Plan commits to net-zero, EIB says 'gas is over', pension funds' climate demands for UK government ... and more

'Post-Brexit, UK insurers should be allowed to up investments in sustainable assets' - Aviva

Terra Carta initiative "can confuse rather than help"

The 'Terra Carta' initiative - unveiled by Prince Charles earlier this month at the One Planet Summit hosted by the French President - has the potential to confuse rather than help, according to an ESG data provider.

Green and sustainability-linked loan round-up: Gaw Capital, Questel, Batilogistic ... and more

News Round Up: Osmosis, Aegon, Nature Conservancy, Paris Agreement, and more