Loan round-up: Hempel, Iberdrola, Preem, LGIM ... and more

Debt

Shareholder group steps up rare metals engagement

A group of shareholders with a total of €30 billion ($34 billion) in assets said it will this month begin…

Corporate,Renewables

Green Bond Standard 'may lead to fewer issuances'

The introduction of the EU's Green Bond Standard may have the unintended effect of actually reducing…

Green Bonds

Green and sustainability-linked loan round-up: Aligned, Farrer Park, StarHub, FENC and Iberdrola

Debt

Net zero transition to cost $1-2tn a year, say energy companies

Achieving net-zero emissions worldwide by 2050 will cost $1-2 trillion a year, around 1.5% of global…

Carbon

Green and sustainability-linked loan round-up: Iberdrola, Concert Properties, ERG

Debt

GIG acquires 40% of 714MW wind farm for £1.6bn

The Green Investment Group (GIG) has invested £1.6 billion ($1.9 billion) in a 714MW wind farm in the…

Almost all CA100+ power utilities at risk of stranded assets

Most of the world’s largest power utilities that have coal capacity are at risk of making the transition…

Investment,Stranded Assets

Annual costs for impact reporting 'typically in €10k-€25k range'

A survey of green bond issuers and investors sheds light on how they approach impact reporting, says Björn Bergstrand

Green Bonds

Green and sustainability-linked loan market breaks $100bn barrier

The combined total of all green and sustainability-linked loans issued to date has reached about $111.5…

Debt,ESG

Pimco, AfDB, Iberdrola and ING elected to GBP executive committee

US investment management giant Pimco and Dutch bank ING are among four institutions to have been elected…

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,Investment,Policy

Corporates converge to increase sustainable finance influence

A group of Europe’s largest corporate issuers of green and sustainable bonds has created a forum to help…

ESG,Policy

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…

Investment,Policy,Stranded Assets

SDG tool highlights climate and ocean risks

A number of companies have scored badly for handling the negative impacts on certain Sustainable Development…

Corporate,ESG,Investment

ScottishPower sells last gas asset to complete shift to renewables

ScottishPower has become the first integrated energy company in the UK to shift completely from coal…

Investment,Renewables

Ontario Teachers’ Pension Plan invests C$200m in energy storage firm

The C$189.5 billion ($144.3 billion) Ontario Teachers’ Pension Plan has committed to invest C$200 million…

Investment

The green and sustainability loan market: ready for take-off

Green and sustainability loans are the hot new trend in sustainable finance. Could they outgrow the booming green bond market, ask Nick Roumpis and Peter Cripps.

Debt

Green bonds round-up, 4 July

Spanish utility Iberdrola has returned to the market with its tenth green bond. The €750 million deal…

Green Bonds

Climate Action 100+ expands its reach and attracts new backers

An additional 61 companies have been added to Climate Action 100+ list, increasing the reach of the investor-backed…

Carbon,ESG,Investment