Archive

People Moves, 19 June; Schroders, Capital Group, UBS, Neuberger Berman, DWS, ANZ, BNP Paribas, CleanFund Commercial PACE Capital, V-Square

EU launches Sustainable Finance Platform after Taxonomy approval

The European Commission has officially launched a new expert group that will advise the bloc on its final EU Taxonomy criteria for 'green' activities and a potential expansion to cover social objectives and 'brown' activities.

US 'Opportunity Zones' not living up to impact goals, study says

The US government's Opportunity Zones economic development scheme is failing the deprived communities it was built to serve - and especially those in majority-black neighbourhoods, a report claims.

PE interest in ESG-linked financing has 'risen significantly'

The interest from private equity firms towards environmental, social and governance (ESG)-linked financing has been "completely reset" in recent months, BNP Paribas told Environmental Finance.

Oman Shipping Co agree $35m sustainability-linked loan

The Oman Shipping Company has agreed a $35 million loan with Standard Chartered Bank in the Middle East, linked to company alignment with the UN Sustainable Development Goals (UN SDGs).

EU Taxonomy secures final approval from Parliament

The EU Taxonomy for sustainable activities has secured final approval from the European Parliament after two years of negotiation, ahead of official standards coming into force from 2022.

Insurers' oil and gas activities to be next under spotlight

Re/insurers around the world should limit their support for oil and gas projects and have until mid-September to explain the measures they are taking to reduce exposure to the sector, according to environmental NGOs.

EIOPA calls for non-financial information to be audited

The lack of reliability and comparability of the non-financial information disclosed by companies is one of the challenges to embedding sustainability considerations in investors' risk management and other processes, according to the European Insurance and Occupational Pensions Authority (EIOPA).

UNDP reveals 'standards' for SDG bond issuers, private equity

The UN Development Programme (UNDP) has published draft 'standards' to help private equity fund managers and bond issuers finance the UN Sustainable Development Goals (SDGs).

Vigeo Eiris, Euronext create ESG climate index

Environmental, social and governance research (ESG) provider Vigeo Eiris has partnered with Netherlands-based stock exchange Euronext to create an ESG index family focused on climate, the Euronext Eurozone ESG Large 80 Index, or Euronext ESG80.