News

• TEG expects ‘massive domino effect’ of ESG benchmark disclosures

  01 October 2019

  A prominent member of the Technical Expert Group on Sustainable Finance (TEG) has predicted that recommendations for minimum disclosure requirements for most investment indexes “will have a massive domino effect” on companies publishing environmental, social and governance (ESG) information.

• Sovereign wealth funds and central banks increasingly integrating ESG policies

  01 October 2019

  The number of sovereign wealth funds with specific environmental, social and governance (ESG) policies has increased in the last two years, according to a report by Invesco.

• Eiopa sets expectations on insurers to take climate action

  01 October 2019

  Opinion on sustainability in Solvency II acknowledges challenges to integrating climate change risk

• Innergex raises $125m from convertible debentures

  01 October 2019

  Canadian renewable energy group Innergex has raised $125 million from an issue of convertible unsecured debentures.

• EU carbon market update, 30 September

  30 September 2019

  Further weakness in EU Allowance prices could see them test technical support levels just below €25, as they did last week, says Louis Redshaw.

• WFE & SSE define 'how exchanges can embed sustainability'

  30 September 2019

  The World Federation of Exchanges (WFE) and the UN's Sustainable Stock Exchanges (SSE) initiative have come together to try and define how the world's exchanges can embed sustainability in their operations.

• WCI Carbon Market Update, 30 September 2019

  30 September 2019

  CCAs recovered some of their recent losses last week and the activity of financial participants remains key to future price moves, says Nicolas Girod*.

• Financial centres boost their green credentials

  30 September 2019

  Green finance is growing steadily in almost all the world's financial centres, according to a new report on the biannual Global Green Finance Index (GGFI).

• Glennmont acquires 211MW Finnish wind project

  30 September 2019

  UK fund manager Glennmont Partners has acquired a 211.4MW wind farm in Finland for an undisclosed amount.

• Insurers face up to $9bn bill from typhoon Faxai

  30 September 2019

  Insured losses from Japanese typhoon Faxai could reach between $5 billion and $9 billion, according to catastrophe modelling firm RMS.