Archive

  • ESG indexes: in the sweet spot

    20 September 2017

    Billions have flowed into funds tracking ESG indexes or low-carbon indexes in recent months. What are the innovations that will drive further growth, asks Peter Cripps

  • NZ Super moves $10bn passive equities to low-carbon

    16 August 2017

    New Zealand Super Fund has shifted its NZ$14 billion ($10 billion) global passive equity portfolio into a low-carbon strategy.

  • CBA to face shareholder resolution on climate commitment

    14 August 2017

    A shareholder resolution will be lodged against Commonwealth Bank of Australia (CBA) to protest against its climate change position statement, which was branded a failure that "falls well short" of the bank's climate commitments.

  • Contact Energy launches $1.3b green borrowing initiative

    14 August 2017

    New Zealand utility Contact Energy has created a 'green borrowing programme' to provide NZ$1.8 billion ($1.3 billion) of funding for renewables projects.

  • IFC discloses details of first green 'Kauri' bond

    27 July 2017

    The first green bond from the International Finance Corporation (IFC) to be denominated in New Zealand dollars will be a ten-year issue for a minimum of NZD100 million ($75 million), the issuer said.

  • Green bond comment: April was all about innovation and infrastructure

    03 May 2017

    April was a solid month for green bond issuance, raising some $5.6 billion. That figure is up on the $5.3 billion for the same month last year, mainly thanks to a RMB15000 ($2.2 billion) from Bank of Beijing, the biggest Chinese green bond of the year.

  • Australian banks shine in RobecoSAM ratings

    24 January 2017

    Just six financial institutions have been awarded 'gold stars' in RobecoSAM's 2017 Sustainability Yearbook, and three of them were Australian banks.

  • Banks making progress on combating climate change

    17 January 2017

    Banks have made considerable progress in addressing climate risks and opportunities in their business practices to align with a 2°C global warming target, but it is still not enough, according to a new report.

  • Rayonier eases interest burden of joint venture with Phaunos

    10 August 2015

    Rayonier, a major US timberland investor, has agreed to inject about $160 million from an existing term loan facility to pay off the debts of the Matariki Forestry Group, its New Zealand joint venture with the Phaunos Timber Fund.

  • Northern Trust wins ESG fixed income mandate

    14 July 2015

    Northern Trust has been awarded a fixed income mandate with environmental, social and governance (ESG) exclusions by New Zealand's NZ$29 billion ($19.5 billion) sovereign wealth fund.