News

  • Reputational benefit is main incentive for green bond issuance

    22 April 2020

    The likelihood of an enhanced reputation is the most important driver behind the issuance of green bonds, according a survey of treasurers by the Climate Bonds Initiative (CBI).

  • Covid-19 triggers payout on World Bank's pandemic bonds

    21 April 2020

    The World Bank has confirmed market expectations that the Covid-19 outbreak has triggered the pandemic catastrophe bonds issued by the bank's Pandemic Emergency Financing Facility (PEF).

  • World Bank sustainability bond raises $8bn for Covid-19 response

    21 April 2020

    The World Bank has sold an $8 billion Sustainable Development bond to help developing countries address the impacts of the Covid-19 pandemic.

  • Electric vehicle charging fund powers up, with £80m investment

    21 April 2020

    Zouk Capital's electric vehicle (EV) charging infrastructure fund secured a further £80 million ($100 million) at its second close, with the Church Commissioners for England as an anchor investor.

  • Morningstar takes full control of Sustainalytics

    21 April 2020

    Financial services firm Morningstar has agreed to buy the 60% of Sustainalytics that it does not already own, in a deal that values the ESG research and ratings provider at €170 million ($184 million).

  • Foresight secures investment partners for Swedish wind farm project

    21 April 2020

    Foresight secured co-investment from a syndicate of four institutions to finance the development of an onshore windfarm in Sweden.

  • Lyxor plans to double voting activity in 2020

    21 April 2020

    Lyxor Asset Management expects to exercise its voting rights at more than 400 general meetings on no fewer than 5,000 resolutions this year, representing a doubling of its voting activity in 2019.

  • S&P Dow Jones launches Paris-aligned index family

    21 April 2020

    S&P Dow Jones Indices (S&P DJI) has launched a family of climate-focused European indexes which are consistent with the specifications of the EU technical expert group on sustainable finance (TEG) report.

  • Nippon Life invests in IFC social bond tackling Covid-19

    20 April 2020

    Japanese insurance company Nippon Life has bought a AUD 200 million ($126 million) social bond issued by the International Finance Corporation (IFC), in a private placement.

  • EU carbon market update: 20 April 2020

    20 April 2020

    Compliance buying of EU Allowances largely ends this week and auction volume rises, so the price outlook is bearish, says Tom Lord *