News

• Chile's first green bond issued

  24 April 2017

  Pulp paper manufacturer Empresas CMPC has issued the first green bond from a Chilean issuer, raising $500 million.

• RobecoSAM & S&P's 'smart ESG' index outperforms in inaugural year

  24 April 2017

  A global index based on RobecoSAM's 'smart' environmental, social and governance (ESG) data has outperformed its benchmark in its first year.

• ING loan to Philips incentivises greater sustainability

  21 April 2017

  ING has led a group of banks in an innovative loan deal with Philips that links the interest paybable on the loan to the electroics giant's sustainability performance.

• First Pace bonds of the year to raise $444.5m

  21 April 2017

  Ygrene is set to raise $176 million from its first Property Assessed Clean Energy (Pace) bond of the year.

• 27 CEOs back TCFD recommendations

  21 April 2017

  27 CEOs from major corporations have committed to implement the draft recommendations laid out by the Financial Stability Board's Task Force on Climate-related Financial Disclosures (TCFD).

• EF BRIEFS: ABN Amro, NESF, JLEN

  21 April 2017

  ABN Amro has received €150 million ($160 million) of financing as part of the EU president Jean-Claude Juncker's "Investment Plan for Europe", that it will use to finance green loans to the European shipping industry.

• IFC selects Amundi to manage its $2bn emerging market green bond fund

  21 April 2017

  The International Finance Corporation has formally announced the launch of its $2 billion emerging market green bond fund, as exclusively revealed by Environmental Finance last year, and has appointed Amundi to manage it.

• Corporate pension plan sustainability guide launched

  21 April 2017

  Two of the world's largest business-led sustainability initiatives, the UN-supported Principles for Responsible Investment (PRI) and UN Global Compact, have partnered to create a guide for making corporate pension funds more sustainable.

• GIB sale reaction - brilliant news or a disaster?

  20 April 2017

  The Green Investment Bank's (GIB) long-expected sale to Macquarie has been controversial - Greenpeace said it was a disaster, but one renewables investor said the GIB would now stop "ruining the market".

• Macquarie could sell 10% of GIB assets following purchase

  20 April 2017

  Up to 10% of the value of Green Investment Bank's (GIB) assets could be sold following its sale to Australian Bank Macquarie.