News

SUSI to launch delayed €1bn renewables vehicle after change of strategy

California warned of further earthquakes after Ridgecrest

Parts of southern California can expect further large-scale earthquakes following two large tremors at the end of last week, an industry expert has warned.

HSBC launches green loan range for SMEs in UK

HSBC has launched a range of green loans for British small and medium-size enterprises (SMEs), shortly after the UK launched its green finance strategy.

Central banks are 'not leading by example' on climate change

Central banks have started playing "a crucial role" in mobilising the institutions they supervise to address climate risks, but "seem more hesitant to lead by example" when it comes to their own investments, a report argues.

People moves: SIM, IIRC, Swiss Life, Brunel Pension, SUSI, Nordea

France raises pressure on financial sector to deliver climate commitments

French financial regulators are stepping up pressure on the bulk of French domestic banks, insurers and asset managers to follow through on their climate commitments.

Responsible soy credit facility to issue $1bn in green bonds

A credit facility that aims to issue $1 billion in green bonds to fund sustainable soy production in Brazil has been launched at London Climate Action Week.

LGIM launches water ETF

Legal & General Investment Management (LGIM) has launched a water-themed exchange-traded fund (ETF), as it seeks to tap investor demand for thematic funds and low-cost investments.

Aviva launches workplace pension scheme based on ESG funds

Aviva has launched a default workplace pension scheme that will incorporate ESG and ethical considerations, based on the Aviva Stewardship funds.

Green, social and sustainability bond issuance leaps 37% in H1

Issuance of labelled green, social and sustainability bonds jumped 37% in the first six months of this year to $147.8 billion, according to Environmental Finance’s Bond database.