News

'First-of-its-kind' sustainable SPAC raises $300m

A $300 million initial public offering this month could spark further sustainability-themed Special Purpose Acquisition Companies (SPACs), according to a Citigroup head.

People Moves, 15 May; S&P Global Ratings, Tribe Impact Capital, ShareAction, Hong Kong, We Mean Business

Deutsche Bank sets 'ambitious' sustainability targets

Deutsche Bank outlined targets which will see the German lender boost sustainability assets to over €200 billion ($217 billion) by 2025 and issue its first green bond.

UBP launches emerging markets equity impact fund

Union Bancaire Privée (UBP) has launched a listed equity impact fund that will invest in emerging markets.

Crédit Agricole and Dai-ichi Life partner in micro and gender finance scheme

Aimed at unbanked women in developing world

Nasdaq launches ESG impact tracking tool

Nasdaq has launched a tool to help clients track the environmental, social and governance (ESG) impact of their portfolios and individual investments.

EGO fund buys 10 green bonds

The landmark Amundi emerging market green bond fund bought 10 green bonds last year, meaning it is now almost one-third towards its final goal - but had to sell notes after the fund's advisory committee declared that they should no longer be deemed 'green'.

Pension funds must do more to push for low-carbon transition, says Lord Deben

The chair of the influential UK Committee on Climate Change (CCC) said the financial sector is beginning to take environmental concerns more seriously, but more has to be done.

Covid-19 to push ESG up property investors' agenda

The coronavirus pandemic will help property investors to prioritise environmental, social and governance (ESG) concerns, and has demonstrated that 'business as usual' will be an insufficient reaction to the crisis.

DWS replaces three ETFs with ESG versions

Asset manager DWS has replaced three of its exchange-traded funds (ETFs) with environmental, social and governance (ESG) versions.