Archive

Bond round-up: Unédic, Snam, Castle Peak, Northern States Power, Symbiotics ... and more

CapitaLand signs SGD300m sustainability-linked loan

Real estate firm CapitaLand has signed a SGD300 million ($216 million) sustainability-linked loan (SLL), taking its total sustainable financing to more than SGD2.7 billion in under two years.

Swedish regulator opposes easing capital rules for green investments

The Swedish financial supervisory authority has opposed proposals to cut the capital requirements required by pension funds for their 'green' investments, the latest intervention by a global regulator in the so-called 'green supporting factor' debate.

L&G to invest £100m in UK affordable housing provider

Legal & General Investment Managers Real Assets has invested £100 million ($126 million) in Bromford Housing Group, an affordable homes provider in central and south west England.

Insurer Skandia buys novel bond to fund diabetes prevention

Swedish insurer Skandia has bought a SEK30 million ($3.2 million) 'health impact' bond from Region Stockholm, the local authority of the Swedish capital.

Sustainability rankings of chemical companies launched

Work begins to build climate change lobbying framework

Chronos Sustainability is to create a framework enabling investors to assess whether corporate lobbying is aligned with the goals of the Paris Agreement.

National Grid signs $740m green loan from export agencies

National Grid has signed a green loan worth $743 million to help fund the construction of an electricity interconnector between Denmark and the UK, believed to be the first covered green loan to be signed with more than one export credit agency.

PRI issues guidance ahead of mandatory SDG reporting

The Principles for Responsible Investment (PRI) has published guidance on how investors can "shape the real-world outcomes" of their investments by using the Sustainable Development Goals (SDGs), as it prepares to introduce mandatory outcomes-based reporting from next year.

EU carbon market update: 15 June 2020

The EU Allowance price look set to remain under pressure this week, despite a smaller auction volume and the possibility of rising power demand, says Tom Lord*