Archive

Link Reit agrees sustainability-linked loan

EIB and World Bank join forces to boost green bond market

The European Investment Bank (EIB) and World Bank, issuers of the first green bonds in 2007 and 2008 respectively, plan to work together to help more companies, municipalities and other sub-national issuers bring such bonds to market.

Pimco wins AUD440 million ESG fixed income mandate

Australian pension fund Local Government Super (LGS) has awarded Pimco a mandate to manage AUD440 million ($322 million) of fixed-income securities according to environmental, social and governance (ESG) principles.

Rio Tinto shareholders in largest ever vote for climate resolution

Investors with a combined $4 billion of shares in Rio Tinto have recorded the largest vote for a climate change-related resolution, without board support, in Australian corporate history.

Pension funds accused of greenwashing after ANZ climate resolution fails

Pension funds have been accused of "greenwashing" after they failed to back a shareholder resolution demanding Australia & New Zealand Banking Group (ANZ) disclose its climate risks at its annual general meeting.

Nearly half asset owners are 'negligently gambling on climate risk'

Nearly half of the biggest asset owners in the world have failed to take action to safeguard their portfolios against the threat of climate change, according to a report.

World Bank launches first green bond in Australia

The World Bank has today launched its first green bond on the Australian market, raising AU$300 million ($281 million).