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Axis Bank tightens price on oversubscribed green bond
24 May 2016India's Axis Bank said its inaugural $500 million, five-year green bond was 2.2 times oversubscribed and, as a result, the issuer tightened the pricing to 160 basis points over US Treasuries from 175 points over.
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Lessons from the diesel emissions crisis
24 May 2016The emissions crisis highlights the challenges facing autos companies as we move towards an economy less dependent on fossil fuels, while Tesla's latest model could herald the start of a fundamental change in the industry, argues Nick Anderson
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Investors warn insurers about stranded assets arising from climate change action
24 May 2016US insurers and their regulators should pay more attention to the risk that fossil fuel assets in which they are invested could become 'stranded' as a result of action to combat climate change, a group of major investors has warned.
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Rabobank to roadshow world's first green RMBS
24 May 2016A Rabobank Group subsidiary has launched what it claims is the first green residential mortgage-backed security (RMBS) programme in the world.
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Shift towards sustainable investment 'will really change the market', says Starbucks
23 May 2016Investors are increasingly focused on the sustainability performance of companies, in a trend that will shift market behaviour over the next two years, according to the treasurer of coffee giant Starbucks.
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EU carbon market weekly update - 23 May 2016
23 May 2016EU Allowance prices are expected to continue their slow grind higher as auction volumes fall this week, but volumes are likely to remain subdued, says Louis Redshaw.
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EF BRIEFS: FSB, Axis Bank, EIB, Stockholm, Canadian Solar, GRI, BP
23 May 2016The Financial Stability Board (FSB) has appointed nine more members to its new Task Force on Climate-related Financial Disclosures.
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Ile de France prepares to roadshow latest sustainability bond
23 May 2016Region Ile de France will begin a roadshow on Wednesday in the hope of bringing its fourth 'green and sustainability' bond to market.
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ABN Amro's second green bond meets strong demand from investors
23 May 2016ABN Amro has launched its second green bond one year after its landmark inaugural issue, with an order book "north of €1 billion ($1.12 billion)" two hours after it opened, according to the bank.
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Investors play increasing role in RGGI, as prices soar
23 May 2016The average auction clearing price of emission allowances in the Regional Greenhouse Gas Initiative (RGGI) market jumped 29% last year, while the share of allowances held by investment firms rose during the year to 36% from 15%.