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Sweden plots 2020 green bond issuance
19 July 2019Sweden’s government has unveiled plans to issue a green bond next year, following a lengthy process of deliberation about whether to enter the market.
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Is Climate Action 100+ pushing hard enough?
19 July 2019The heavyweight investor engagement initiative has won some victories with fossil fuel giants. But should it be demanding more, asks Elena K Johansson.
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BlackRock launches low-carbon ESG funds for UK pension schemes
18 July 2019The world’s largest asset manager, BlackRock, has launched two new environmental, social and governance (ESG) themed authorised contractual scheme (ACS) funds that aims to reduce the carbon exposure of their portfolios by 50%, compared with their parent index. The funds were launched as a response to growing demand from UK pension schemes, BlackRock said.
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Allianz X, DWS invest in ESG data provider Arabesque S-Ray
18 July 2019Allianz X, the digital investment unit of Allianz Group, has led the series A funding round for Arabesque S-Ray, a provider of environmental, social, and governance (ESG) data.
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Include proxy voting in Morningstar sustainability ratings, Pax urges
18 July 2019Morningstar should include in its sustainability ratings information on how funds vote their shares in line with advice from proxy voting firms, Pax World Funds has said.
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UNEP FI & EBF to form working group on taxonomy guidelines for banks
17 July 2019The UN's Environment Programme Finance Initiative (UNEP FI) and the European Banking Federation are looking to form a working group to set voluntary guidelines for banks, based on the EU taxonomy of climate-related activities.
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Bonds round-up: Scotiabank, Berlin Hyp, San Diego, Bogota, Greenko
17 July 2019Scotiabank issues inaugural green bond, Berlin Hyp returns with fourth Green Pfandbrief and more
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MJ Hudson buys ESG consultancy Spring
17 July 2019Asset management adviser MJ Hudson has become the latest company to buy into the environmental, social and governance (ESG) advisory space, having acquired specialist ESG consultancy and reporting firm Spring Associates Responsible Investment Service.
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Overcoming the obstacles facing blended finance
17 July 2019Junji Hatano examines the issues that must be tackled to achieve dramatic growth in blended finance for sustainable development in developing countries.
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Cofco signs $2.1bn sustainability loan in first for China
17 July 2019Cofco International has agreed a $2.1 billion sustainability-linked loan with a consortium of 20 banks, in what is believed to be the first such deal by a China-based company.