Archive

Eni prepares ground-breaking sustainability-linked convertible bond

Italian firm Eni is planning to raise €1 billion ($1.1 billion) from its debut sustainability-linked convertible bond, believed to be the first from the oil and gas sector.

USS unveils own climate scenarios to address inadequacies in widely used models

UK pension fund USS has published four climate scenarios that it says "better reflect the real-world risks and opportunities that frame our investment decision-making over the short- and medium-term", as it criticised widely-used models as "inadequate".

Loan round-up: Safaricom, Italo, Turk Traktor ... and more

NZAOA members 'split' on sovereign debt climate target-setting

The thorny issue of how to set decarbonisation targets for sovereign debt has split the signatories of the Net Zero Asset Owner Alliance (NZAOA), leading to a "compromise" of a proposed scoring system.

Sustainable fund label 'missing' in the EU

There is currently little to help investors understand the ESG credentials of funds in the EU, and so the region should follow a similar approach to the UK's fund labelling, an investor has told Environmental Finance.

NGFS alerts regulators of need to improve monitoring of nature risk to financial system

The Network for Greening the Financial System (NGFS) has warned central banks and regulators that nature poses a risk to the financial system, in a guide that urged supervisors to improve how they assess and address these risks.

First Sentier launches biodiversity toolkit for investors

First Sentier has launched a biodiversity toolkit to help investors assess water and deforestation risk within their portfolio and better engage with clients on these issues.

Fidelity adds 8 Article 9 strategies to fund offering

Bond round-up: Orange, Telefonica, Generali, Brazil ... and more

The ECB plots the 'winners and losers' of the transition

The central bank has alerted lenders and investors to the relative winners and losers in the transition - with fossil fuel companies set to take an immediate hit. Michael Hurley reports