News

Pimco: SDG bonds and use-of-proceeds bonds 'can co-exist'

Fixed income investment giant Pimco believes that use-of-proceeds bonds and SDG-linked instruments "may be complementary" and can co-exist under the overarching framework of SDG-aligned bonds.

Family offices ‘unconvinced by the green asset class’

Family offices “remain to be fully convinced of the merits of the green asset class… and appear to be only partially committed” to green and sustainable finance, a study has claimed.

Food companies aware of water risks but are not managing them: Ceres

Food companies are failing to effectively manage climate-related water risks such as drought and pollution – despite their growing awareness of these risks, according to Ceres.

World Bank launches sovereign ESG data portal

The World Bank has launched a free online platform that provides users with sovereign-level environmental, social and governance (ESG) data.

More data providers could help grow sustainable investments, survey suggests

Growing the amount of sustainability data providers in the market has been identified among the best ways to increase sustainability-themed investments, according to institutional investor respondents to a Schroders survey.

Brazilian biodiversity fund reaches first close

Mirova, an affiliate of Natixis Investment Managers, has confirmed the first close of the Althelia Biodiversity Fund Brazil (ABF Brazil), which will make impact investments in the Amazon.

Moody's continues buying spree with minority stake in SynTao Green Finance

Moody's Corporation will acquire a minority stake in SynTao Green Finance (STGF), the Chinese provider of environmental, social and governance (ESG) data and analytics.

EU carbon market update, 28 October

Macquarie inks two UK renewables deals

Australian investment bank Macquarie is to finance a solar photovoltaic (PV) energy project undertaken by supermarket chain Tesco, and will also acquire an additional stake in a Welsh offshore wind farm.

Countries pledge $9.8bn to GCF

The first replenishment of the UN-backed Green Climate Fund (GCF) has seen 27 countries commit to provide a further $9.8 billion in funding for the next four years.