News

Legal Framework for Impact to fundamentally reshape finance, says Generation IM

The forthcoming Legal Framework for Impact "will fundamentally reshape the way finance and business is conducted in coming decades", according to Generation Investment Management.

People Moves, 22 May: Brunel Pension Partnership; NN Investment Partners; Institute of International Finance; DWS; Vigeo Eiris

'Time has come' for SEC to address ESG disclosure

A committee of the US Securities and Exchange Commission (SEC) has urged the regulator to take a lead on environmental, social and governance (ESG) disclosures, amid concerns a delayed response will result in US firms suffering a "distinct disadvantage" in accessing international capital.

APG and Axa buy big in €60bn Covid-19 bond market

APG Asset Management has invested €554 million ($604 million) in 'Covid-19 bonds' in recent weeks, a market it estimated could already be as large as €60 billion.

Asset owners showing ESG data firms the way on impact - PGGM

A forthcoming impact-focused data platform pioneered by Dutch asset owners APG and PGGM could demonstrate to specialist data providers the appeal of covering the impact investing space, according to PGGM's Piet Klop.

Bain impact fund invests in healthcare and distance learning

Bain Capital Double Impact has invested in a distance learning company for special needs students and a provider of healthcare to individuals with disabilities.

Pimco engages with 175 issuers for ESG portfolios

Manulife US REIT secures maiden $100m green loan

Manulife US Real Estate Investment Trust (REIT) has secured a $100 million green loan from OCBC Bank to refinance a US property and undertake environmental initiatives at other properties.

Investment of £65bn needed for UK homes to meet environmental targets

Up to £65 billion ($80 billion) of investment is needed to maximise the number of UK homes with a Energy Performance Certificate of 'C' or above by 2035.

JP Morgan Chase given bloody nose by climate resolution

JP Morgan Chase experienced a significant revolt from investors against its climate change position after nearly half voted in support of a shareholder resolution urging the US bank to align its financing to the Paris Agreement.