Archive

Rio Tinto warns industry lobby on thermal coal advocacy

Mining giant Rio Tinto has delivered a dusting down to a significant Australian industry lobby for its support for thermal coal, as part of its review of the industry associations it wants to belong to.

People Moves 27 March: GPIF, Irish Life, PGGM, Gold Standard

AfDB issues $3bn coronavirus bond, as ICMA prepares SBPs guidance

Emissions trading schemes hit by coronavirus pandemic

Emissions trading schemes (ETS) have been seriously impacted by the coronavirus epidemic, which has slashed demand for carbon credits, and raised the prospect that policymakers may have to intervene to shore up prices.

Transition to a climate bond rating system

A new climate rating system is needed for all bonds, argues Michael Eckhart one of the original authors of the Green Bond Principles

Green bonds provide easiest route to an ESG strategy, says Mirova

Green bonds offer investors the "easiest and most direct way" of starting an environmental, social and governance (ESG) strategy, according to Mirova portfolio manager Bertrand Rocher.

Carney: EU Taxonomy 'still too narrow'

Former Bank of England governor Mark Carney has reiterated that the EU Taxonomy for Sustainable Activities remains "quite proscriptive" despite recent revisions, while he is optimistic it will become richer through the addition of transition activities in the future.

Bond round-up: Engie, IFC, Trio Investment

Ciara/Sabine insured losses to total €1.5bn, says Perils

Insured property losses from storm Ciara/Sabine, which devastated large parts of the British Isles and Europe last month, will total €1.5 billion ($1.6 billion), according to catastrophe insurance data provider Perils.

GPIF agrees to support KfW green bond programme

Japan's Government Pension Investment Fund (GPIF) has partnered with German development bank KfW to promote and develop the green bond market and to incorporate environmental, social and governance (ESG) assessments into other fixed income investments.