News

Bonds round-up: Unédic, BPCE, Eurofima, EIB, E.ON ... and more,

Sustainalytics says green 'pure-play' aligns with GBPs

US company Plug Power, which designs and makes hydrogen fuel cell systems is planning to issue green bonds "for general corporate purposes".

HSBC and IFC real economy green bond fund raises $470m

HSBC Global Asset Management (HSBC GAM) and the International Finance Corporation announced their green bond fund targeting "real economy" assets has raised more than $470 million following its third close.

Majority of Europe's largest companies still 'failing' in climate reporting

In 2019, more than three quarters of Europe's largest companies were not adequately reporting climate and environmental risks, according to the Climate Disclosure Standards Board (CDSB).

Banks' fossil fuel commitments accelerate as pressure intensifies

Citi creates 'sustainability and corporate transitions' group

Citigroup's investment banking division has created a 'sustainability and corporate transitions' group.

Shell climate resolution support welcomed by green investor group

Support for a shareholder resolution demanding Anglo-Dutch oil supermajor Royal Dutch Shell set carbon intensity targets more than doubled compared with a similar resolution in 2018, but still failed to secure enough votes to pass.

$500m real estate green loan agreed in Singapore

Singaporean property manager GuocoLand has agreed a SGD730 million ($515 million) green loan for the construction of a residential and commercial development.

Zurich sustainability chief talks up climate drive post Covid-19

John Scott advocates fiscal stimulus funds be spent on pursuing a lower carbon economy

WEF warns of lack of climate action post-Covid-19

Underinvestment in climate initiatives after the crisis poses wide-scale threats