Archive

Proliferation of SRI labels could pose problems, says asset manager

The growing number of socially responsible investing (SRI) labels in Europe could present fund managers with a serious headache as they look to comply with future legislation, according to a major French asset manager.

Singapore banks come under fire for coal lending

Singapore-based banks DBS and OCBC have been criticised by local NGOs for reportedly planning to finance a coal power plant in the region.

Thoughts on green bonds' legal documents

The sustainable finance market should avoid overreacting to extraordinary events and maintain its market-building approach, argues Aaron Franklin

€8.9bn Irish sovereign wealth fund to divest from fossil fuels

The €8.9 billion ($10.4 billion) Ireland Strategic Investment Fund (ISIF) is to divest from fossil fuels within five years following the passing of a bill in the Irish parliament, in what has been hailed a seminal moment in the country’s transition to a low-carbon economy.

Rick Stathers joins Aviva Investors' growing ESG team

Rick Stathers has been appointed as senior ESG analyst, and Sora Utzinger as ESG analyst by Aviva Investors. Both were previously at CDP.

Boralex secures C$259m to fund wind farm acquisitions

Boralex, Canada's largest independent producer of wind power, has raised C$258.8 million ($196 million) in equity finance to fund its acquisition of Invenergy's stake in a 201MW portfolio of wind farms in Quebec.

Ireland seeks €500m public-private investment in climate fund

The Irish government has issued a call for €500 million ($584 million) of private and public investment in its newly-launched Climate Action Fund.

SASB moves closer to finalising its standards

The Sustainability Accounting Standards Board (SASB) is in the final stage of codifying its standards.

Green bond round-up, 11 July 2018

Obituary - Tessa Tennant: a long-term legacy

Tessa Tennant, a pioneer of the responsible investment industry, and a good friend of Environmental Finance, has died of cancer.