Novartis issues first Sustainability-linked Bond with social targets

Swiss pharmaceutical company Novartis has issued a €1.85 billion ($2.2 billion) sustainability-linked…

Green Bonds

Norwegian oil fund continues ESG engagement ahead of renewables push

The manager of the giant Norwegian sovereign wealth fund reported it was continuing to engage heavily…

ESG,Investment,Policy,Renewables

No banks are outstanding at ESG, study finds

A study of 30 leading banks concluded that not one warranted being classified as 'outstanding' when it…

ESG

Strong ESG performance improves bond resilience, says MSCI

Bonds from companies with strong environmental, social and governance (ESG) performance showed more resilience…

Debt,ESG

Major European banks provided large-scale financial support to coal industry

European banks including Barclays, BNP Paribas and Societe Generale loaned billions of euros to coal…

Carbon,Equity,Stranded Assets

AgriFunds urged to improve natural capital risk disclosure

Food and agriculture funds have been urged to improve reporting on nature-related risks, after a report…

Carbon,ESG,Equity,Investment,Water

Sustainable debt market transformed by Covid-19 impact in H1

Green Bonds

£30bn pension fund hails 'successful' year of ESG progress

Brunel Pension Partnership has lauded its progress on environmental, social and governance (ESG) issues…

ESG,Investment,Policy

JP Morgan Chase given bloody nose by climate resolution

JP Morgan Chase experienced a significant revolt from investors against its climate change position after…

Carbon,Equity,Investment,Policy

Banks' fossil fuel commitments accelerate as pressure intensifies

Carbon,Debt,Investment

Coalition of 42 global faith groups divest from fossil fuels

Over 40 religious institutions with more than £1.1 billion ($1.3 billion) in assets under management…

Carbon,Investment,Stranded Assets

Green investor group hails Equinor climate resolution progress

Support for a shareholder resolution demanding Norwegian oil company Equinor to set carbon intensity…

Carbon,Equity,Policy

Deutsche Bank sets 'ambitious' sustainability targets

Deutsche Bank outlined targets which will see the German lender boost sustainability assets to over €200…

Debt,Green Bonds

A fifth of Barclays investors back fossil fuel financing phase out

More than a fifth of investors in Barclays backed a shareholder resolution urging the FTSE 100-listed…

Carbon,Equity

LAPFF backs climate resolutions at Barclays

Carbon,Equity

M&G and EOS support Barclays fossil fuel funding resolution

M&G Investments and EOS have confirmed they will support a shareholder resolution calling on Barclays…

Carbon,Equity

Barclays' new targets won't cause pension funds to drop climate resolution

Two UK local government pension funds announced they will vote in favour of Barclays' proposed net-zero…

Carbon,Equity,Stranded Assets

Telenor signs €2bn sustainability-linked debt facility

Telenor has signed a €2 billion ($2.2 billion) sustainability-linked revolving credit facility (RCF)…

Debt

Total faces shareholder resolution to reduce carbon emissions

A group of 11 investors have filed a shareholder resolution at Total, calling on the oil major to set…

Carbon,Equity

Barclays tightens climate policy amid shareholder pressure

Barclays has announced an ambition to be net-zero carbon emissions by 2050 across its lending activities,…

Carbon,Debt,Equity