BNP Paribas AM commits to wide-ranging sustainability strategy

BNP Paribas Asset Management (BNPP AM) is introducing a global sustainability strategy, which builds…

Debt,ESG,Equity,Investors

Green bond round-up: Danske Bank, Cassa depositi e prestiti, Kommuninvest, Teonec, NYSERDA, NY State Housing

Danske Bank has become a green bond issuer for the first time, in a deal worth €500 million ($568 million).

Green Bonds

BNP Paribas asset management arm plans €1bn coal divestment

BNP Paribas Asset Management plans to exclude about €1 billion ($1.1 billion) of stocks in thermal coal…

Investors,Stranded Assets

Green bond round-up: Société du Grand Paris, Duke Energy, ReNew Power, Kommuninvest, World Bank, Santa Fe

Green Bonds

Xylem signs $800m sustainability-linked credit facility

Global water technology company Xylem has signed an $800 million sustainability-linked senior unsecured…

Corporate,Debt

Green bond round-up: BNP Paribas; NYSERDA; Nigerian first; Konan Ultra Power

BNP Paribas has returned to the green bond market, with a €750 million ($850 million) transaction.

Green Bonds

Airlines failing investors on carbon disclosure, TPI warns

None of the world’s 20 largest publicly listed airlines has set a target that clearly specifies how it…

Carbon,Stranded Assets

Snam’s bond should trigger a discussion about ‘transition bonds’, says BNP

An underwriter of Snam’s ‘climate action bond’ has launched an impassioned defence of the issue, arguing…

Green Bonds

Fossil fuel issuer of ‘climate action’ bond reignites Repsol debate

A ‘climate action bond’ issued by natural gas infrastructure company Snam has reignited a debate around…

Green Bonds

Investors challenge ESMA’s definition of sustainability risks

BlackRock, Aviva and BNP Paribas Asset Management have each presented varying definitions of sustainability…

Policy

French funds dominate top 10 European funds for climate performance

French funds dominate a list of the top ten European equity funds for climate performance.

Corporate,ESG,Investors,Stranded Assets

EU’s TEG reveals how taxonomy will work in practice

Members of the EU’s Technical Expert Group on Sustainable Finance (TEG) have revealed how its taxonomy…

ESG,Policy

Green bonds round-up, 6 February

Bank of America has raised $500 million from what it said is the first social bond by a US bank.

Green Bonds

Green bond comment, February: Europe shows the way

European issuers, investors and regulators are in the driving seat as the green bond market prepares for further growth, says Graham Cooper.

Green Bonds,Investors,Policy

Green bond round-up, 30 January

Spanish telecommunications company Telefonica has made its debut in the green bond market, raising €1…

Green Bonds

Chemicals giant agrees 'positive incentive' credit facility

Solvay, one of Europe's largest chemicals companies, has agreed to link the terms of a €2 billion ($2.3…

Corporate,Debt,ESG

Circularity Capital closes upsized equity fund at £60m

Circularity Capital has reached a £60 million ($77 million) final close for an equity fund – smashing…

Equity,Investors

People Moves: Columbia Threadneedle, Natixis, NBIM, BMO Capital Markets, Hong Kong Green Finance Association, FRC, Pattern Energy and NextEra Energy Partners

Columbia Threadneedle boosts responsible investment team

People

Set climate targets, power sector told by investors with $11trn in assets

Twelve of Europe’s highest-emitting power companies have been instructed to set out Paris-aligned transition…

Investors,Policy,Stranded Assets

Green Bonds round-up, 19 December

The Asian Development Bank (ADB) has allocated THB5 billion ($152 million) to buy the whole of a two-tranche…

Green Bonds