News

  • HSBC closes coal project funding loophole as pressure mounts

    01 May 2020

    HSBC has closed a controversial loophole which allowed the bank to continue to fund coal projects in three countries, but campaigners continued to push for coal funding to be withdrawn altogether.

  • Moody's: Plastics manufacturers face 'moderate' risk to credit ratings

    01 May 2020

    Increased regulation poses a risk to the credit quality of plastic packaging manufacturers in the next five years, according to a report from Moody's Investors Service.

  • BlackRock launches $430m unconstrained ESG bond fund

    01 May 2020

    BlackRock has launched its first environmental, social and governance (ESG)-focused global unconstrained total return bond fund, opening with over $400 million in assets under management (AUM).

  • People Moves, 1 May; Wells Fargo, Newton Investment Management, The Conduit Investment Advisors, ING, State Street, Mirova, Quilter Investors

    01 May 2020

    Wells Fargo AM appoints sustainable investing heads

  • M&G and EOS support Barclays fossil fuel funding resolution

    01 May 2020

    M&G Investments and EOS have confirmed they will support a shareholder resolution calling on Barclays to phase out its funding for fossil fuel firms, but Norway's sovereign wealth fund will not be supporting it.

  • Former Green Investment Bank CEO Kingsbury joins impact firm

    30 April 2020

    Shaun Kingsbury is to join impact investment specialist The Conduit Investment Advisors as its first CEO.

  • Shell dividend cut sends shockwaves through oil & gas sector

    30 April 2020

    Oil major Royal Dutch Shell has slashed its dividend for the first time since 1945, sending "shockwaves" through the oil & gas sector.

  • Länsförsäkringar makes third Covid-19 bond investment

    30 April 2020

    Brings Swede's total social bond investment to SEK 1.2bn

  • Support 'green and fair' recovery from Covid-19, NGOs urge insurers

    30 April 2020

    Insurers and their trade associations are under pressure from climate activists to ensure a "green and fair" recovery from the Covid-19 crisis.

  • Circulate Capital invests in plastic recycling in Asia

    30 April 2020

    Circulate Capital has invested a total of $6 million in two plastic recycling companies located in India and Indonesia.