News

• KGAL exits five Spanish solar farms

  06 August 2019

  German investment manager KGAL has sold two solar farms in Spain to Helia Renovables II, a fund managed by Spanish renewables investor Plenium Partners Asset Management, and will sell a further three to it in the last quarter of the year. The price of the sales was not disclosed.

• EU GBS-compatible Climate Bonds Standard gets CBI sign-off

  05 August 2019

  An updated version of the Climate Bonds Standard framework has been published that acts as a ‘universal adaptor’ for international green debt standards including the EU’s Green Bond Standard (GBS).

• Marfrig's sustainable cattle bond attracts new ESG investors

  05 August 2019

  Beef producer Marfrig Global Foods was able to attract additional environmental, social and governance (ESG) investors for its $500 million Sustainable Transition Bond issued earlier this week.

• People Moves: Citi, BlackRock, ClientEarth

  02 August 2019

  Eckhart retires from Citi, O'Flynn appointed BAI Head of Sustainable Investing and more

• Canadian securities regulators issue climate disclosure guidance

  02 August 2019

  Canada’s securities regulators have published guidance to help companies improve their disclosure of material risks posed by climate change.

• Morgan Stanley Investment Management fund identifies plastics as engagement priority

  02 August 2019

  The reduction of plastic waste has been identified as an engagement theme by the managers of Morgan Stanley Investment Management (MSIM)’s Global Sustain fund.

• ESG in Fixed Income, featuring the Green Bonds Americas conference 2019 - early bird ends this Friday

  01 August 2019

  The fifth annual ESG in Fixed Income, featuring the Green Bonds Americas conference will take place in New York on 17 September.

• BlackRock loses $90.4bn from failing to spot stranded asset risks, says IEEFA

  01 August 2019

  The world's largest asset manager, BlackRock, has seen $90.4 billion knocked off the value of its listed equities holdings over the last decade because it failed to address stranded asset risk in the fossil fuel industry, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA).

• Bonds round-up: EnBW, Hanwha Energy, Mitsui OSK Lines, Goldman Sachs ... and others

  31 July 2019

  EnBW, Hanwha Energy, Mitsui OSK Lines, Goldman Sachs ... and others

• We want to use EU taxonomy but need company disclosure, says CPR

  31 July 2019

  The CIO of a major European asset manager has signalled its intent to use the EU’s environmental taxonomy to assess the sustainability of its investment portfolio – but says the onus falls first on companies to disclose relevant information.