News

Finnish renewables fund reaches first close at €220m

Finnish renewables developer and fund manager Taaleri Energia has announced the first close of its Taaleri SolarWind II fund at €220 million ($247.9 million).

People Moves: Goldman Sachs, GRI, Metzler

Updated Methodology to change ESG rating of 85% of Morningstar funds

As many as 85% of the funds covered by Morningstar will have their environmental, social and governance (ESG) ratings changed when the methodology of its Morningstar Sustainability Rating (MSR) is updated, expects John Hale, head of the firm's sustainable research.

US regulator to create climate risk expert group

The regulator of the US’ futures and options markets has issued a call for applications to a group that will examine ways to mitigate climate-related financial risk.

US ‘sustainable’ funds smash annual record inflows in six months

US open-end and exchange-traded funds (ETFs) labelled ‘sustainable’ have smashed the previous annual record for inflows in just six months, marking a stellar start to 2019.

Dutch financial sector commits to Paris Agreement goals

Fifty Dutch firms have signed a climate agreement committing to help the Dutch government deliver on the Paris Agreement climate goals.

Eastern Europe ‘the place to be’ for renewables investment

Renewable energy infrastructure projects in Eastern Europe are becoming increasingly attractive for investors in the sector, a German fund manager has said.

20% of Hong Kong companies sustainability compliant

Only 20% of Hong Kong's largest companies have good compliance with international sustainability guidelines, according to Standard Ethics.

Bond round-up: Societe Generale, Ferrovie, Posco, BKW Group and more...

New York State Housing Finance Agency has issued a preliminary statement announcing its intention to issue two sustainability bonds amounting to $72.77 million and $9.6 million.

NatWest creates new ESG framework

NatWest Markets (NWM) has established a new environmental, social and governance (ESG) framework to facilitate investments from corporate and institutional investors into a high ESG portfolio.