News

BlackRock raises record $5.1bn for energy fund

Largest ever alternative fundraise targets insurers looking for yield

IOSCO establishes task force on sustainable finance

The board of the International Organisation of Securities Commissions (IOSCO) has established a task force on sustainable finance, with the aim of improving sustainability-related disclosures by issuers and asset managers.

Total faces shareholder resolution to reduce carbon emissions

A group of 11 investors have filed a shareholder resolution at Total, calling on the oil major to set carbon emission reduction targets in line with the Paris Agreement.

Lyxor launches ETFs tracking decarbonisation indexes

Lyxor Asset Management has launched four exchange-traded funds (ETFs) with focus on decarbonisation and achieving climate goals.

Moody's: ESG risks 'material' in a third of ratings actions

Moody's Investors Service reported that environmental, social and governance (ESG) risks were a "material" credit consideration in a third of its private-sector issuer rating actions in 2019.

EC study seeks industry input on ESG investment data

A research study, commissioned by the European Commission, into the provision and use of sustainable investment data, ratings and research is now calling on senior staff in the asset management industry and in listed companies to share their ideas and experience. By completing a questionnaire, participants will be supporting a charitable donation to the fight against the Covid-19 pandemic.

Bond round-up: Flemish Community, SNCF, EDP, Analog Devices ... and more

Danish pension funds invest $250m in US solar projects

Danish pension funds PenSam and PKA have invested DKK1.7 billion ($249 million) in US solar energy plants in California and Texas.

EU carbon market update: 14 April 2020

Most of the remaining once-a-year compliance buying is likely to come to market this week, but the medium-term outlook remains clouded by the Covid-19 hit to the global economy, says Tom Lord*.

Covid-19 bonds expose limitations of EU Green Bond Standard, says ISS-ESG

The flurry of new bonds raising funds to tackle the Covid-19 pandemic are examples of innovative debt products that are outside the scope of the EU's proposed Green Bond Standard (EU GBS), noted ISS ESG, a specialist ratings and advisory firm.