News

Industry groups stress importance of linking UK and EU carbon markets

Industry associations representing the power sector and major emitters of greenhouse gases have generally welcomed the UK's proposal for a domestic emissions trading system (ETS) to begin in January 2021.

Planet Tracker: Investors facing risk with unsustainable salmon farming

Institutional investors such as DNB, Vanguard and BlackRock are exposed to a salmon fishing industry that could be negatively affected by the Covid-19 pandemic and ongoing environmental issues.

Bond round-up: Hungary, BBVA, BASF, Singapore university, Neoen ... and more

Sustainalytics launches transition bonds second-party opinion service

ESG data provider Sustainalytics has launched a transition bond second-party opinion service, the first of its kind in the rapidly evolving labeled bond market.

Macif group pledges to exclude thermal coal by 2030

French mutual insurer Macif group has pledged to completely exclude thermal coal assets from its investments globally by 2030.

Better private sector ESG performance boosts national economic growth

The improvement in environmental, social and governance (ESG) practices by private sector firms positively impacts national growth in both developed and emerging economies, an academic paper reported.

Proposed UK carbon market will be 'more ambitious' than EU system

The UK government has outlined plans for a domestic cap-and-trade market in carbon emissions, which it says will show "greater climate ambition" than the EU carbon market.

Dredging firm Van Oord signs first green loan for LNG ships

Dutch offshore contracting firm Van Oord has secured its inaugural green loan to finance three liquefied natural gas (LNG)-fuelled dredging vessels in a bid to reduce the emissions of its fleet.

ESG data providers taking impact data seriously - ISS ESG

Specialist sustainability data providers including ISS ESG are aware of the "enormous demand" for products that focus on assessing positive and negative impact of investments, according to the company.

Blue like an Orange raises $200m for Latin America impact fund

Blue like an Orange Sustainable Capital has raised $200 million at final close of its inaugural impact fund, which will target positive social impact in Latin America via private lending.