News

Morningstar expects record year of sustainable fund launches in Europe

A record number of sustainable fund launches are expected this year, said financial services firm Morningstar, with this growing segment of the market capturing two-fifths of net inflows in Europe.

E.ON pens €3.5bn ESG-linked loan in wake of Innogy merger approval

Energy company E.ON has agreed a €3.5 billion ($3.9 billion) revolving credit facility, the interest rate on which is linked to the firm’s environmental, social and governance (ESG) rating.

People Moves: EV Private Equity, Finance Watch, ING, Solactive and PRO BTP Group

ING Americas announced the appointment of Bloomberg's Dan Shurey as vice president for sustainable finance, covering the Americas region.

VIDEO: What is next on the ESG horizon for Toyota?

Speaking at our ESG in Fixed Income Americas conference in September, Adam Stam, National Manager - Secured Funding at Toyota Motor Credit Corporation explains what projects Toyota is working on and how these relate to social and sustainability bonds and what is next on their ESG horizon.

‘World-leading’ UK Stewardship Code aims for greenwashing crackdown

Fishing and sustainability data added to Bloomberg terminals

Bloomberg will host sustainability data from NGO Global Fishing Watch (GFW) on its terminals.

IOPS says ESG integration 'is in line with fiduciary duty'

A group of 87 pension fund regulators and supervisors has been advised to clarify that the explicit integration of environmental, social and governance (ESG) factors into pension fund investment and risk management is in line with fund managers' fiduciary duties.

Greencoat Capital acquires biomass plant from Copenhagen Infrastructure Partners

Renewables investor Greencoat Capital has acquired the 40MW Templeborough Biomass Power Plant (TBPP) from Copenhagen Infrastructure Partners (CIP).

Four in five EU coal plants 'now running at a loss'

Financial think tank Carbon Tracker estimates that four in five EU coal power plants are unprofitable, and utilities could lose €6.6 billion ($7.3 billion) in 2019 as a result.

Bioenergy, agriculture and forestry groups lament EU Taxonomy criteria

The “regrettable divergence” of the EU sustainability taxonomy’s criteria from existing European renewable energy regulation has been criticised by a group of industry associations.