Archive

Pennon Group signs impact loans worth £80m

Water and waste firm Pennon Group and its subsidiary South West Water have become the latest companies to sign new impact loan revolving credit facilities.

Royal DSM raises €1bn in 'green loan'

Dutch chemicals firm Royal DSM has signed a €1 billion ($1.2 billion) revolving credit facility that links its cost of borrowing with greenhouse gas (GHG) targets.

Hedge funds increase allocations to responsible investments

Hedge funds have already allocated at least $59 billion in line with 'responsible investment' (RI) principles, according to the Alternative Investment Management Association (AIMA).

News round-up, 30 May 2018

Other significant announcements relating to sustainable finance:

Green bond round-up, 30 May

The Asia-Pacific green bond market is poised for significant growth, with some $600 billion of new issues expected over the next five years, according to Bank of America Merrill Lynch (BAML).

GPIF to triple ESG index allocation to $30bn

The world’s largest pension fund plans to triple its allocation to three environmental, social and governance (ESG) indexes, according to the company’s chief investment officer.

New food index finds most meat and fish companies are of ‘high risk’

More than half of meat and fish companies are of ‘high risk’, according to the first index for global food companies launched by the $5.9 trillion investor network FAIRR.

EU carbon update, 29 May 2018

PRI to put 185 responsible investment laggards on watchlist

The Principles for Responsible Investment (PRI) is to place 185 of its signatories on a watchlist for failing to meet a new set of minimum standards, amid pressure to expel responsible investment (RI) laggards.

Robeco targets SDG-positive bonds with new credit strategy

Robeco and RobecoSAM have introduced a new fund that will be allocated to bonds issued by corporates in alignment with the UN's Sustainable Development Goals (SDGs).