News

New York State Common makes $800m climate-themed investments

The New York State Common Retirement Fund has made $800 million in climate-themed investments so far in 2020.

S&P: Global sustainable debt to pass $400bn in 2020

Financial information giant S&P Global has forecast that the global sustainable debt sector will pass the $400 billion mark by the conclusion of this year, with the rise of sustainability-linked instruments a key factor.

ESG corporate euro bonds outperform, but US still lags, says Amundi

Integrating environmental, social and governance (ESG) when investing in euro-denominated, investment-grade corporate bonds drives outperformance, a study has shown.

Alok Sharma appointed President of COP26

Alok Sharma has been appointed the UK minister in charge of the UN COP26 summit in Glasgow, after being been promoted to UK business secretary by the Prime Minister.

Moody's says EU Green Deal to bring "transformative" climate transition changes

Moody's Investors Service said the EU 'Green Deal' announced in late 2019 will be "transformative" in driving climate transition changes among a number of different industries in Europe.

Aviva climate transition strategy crosses €1bn assets milestone

Aviva Investors said its Climate Transition European Equity Strategy has crossed the €1 billion ($1.1 billion) assets under management (AUM) threshold, just six months after being launched.

Amundi supports Barclays fossil fuel funding shareholder resolution

Major French asset manager Amundi has confirmed it will support a resolution calling on Barclays to phase out its funding for fossil fuel firms.

Talanx buys €321m of CPPIB offshore wind project debt

German insurance group Talanx has purchased €321 million ($350 million) worth of project bonds in Germany's largest offshore wind power project.

Bonds round-up: Toyota, France, EBRD, Quebec, River Green ... and more

BP 'raises questions' with pledge to be 'net zero' by 2050

The new CEO of oil and gas giant BP has released, to great fanfare, a pledge to make the company net zero by 2050 - but NGOs dismissed it as "cynical" and one investor said it "raises a number of questions".