Archive

Super fund supporting oil and gas expansion will consider divestment

Australian super fund UniSuper has announced that it will consider divestment from oil and gas companies if they show a "lack of action" and "no viable decarbonisation pathway".

BlackRock acquires New Zealand solar company

New Zealand readies sovereign green bond debut

New Zealand has launched its sovereign green bond programme after publishing its green bond framework, with a debut bond expected by the end of 2022...

COP27 should be used to introduce carbon price says Actis

In a COP that is billed to be more focused on action than setting targets, Actis' Shami Nissan says setting a universal cost of carbon is key

EU proposes that financials prove absence of links to deforestation

EU proposals to require financial institutions to demonstrate their activities have no links to deforestation have progressed, after overwhelming approval from parliament.

Greenwashing 'still an issue' for UK banks

Nordea issues innovative 'sustainability-linked loan' bond

Nordic lender Nordea Bank has raised $400 million from a bond to support its sustainability-linked loan (SLL) financing activity, a transaction which one investor in the multi-tranche deal described as an "innovative and creative" way for banks to scale such lending.

APG, Microsoft invest in €390m climate tech fund

Energy Impact Partners (EIP) has launched a €390 million ($391 million) European fund with support from impact and institutional investors, including Microsoft, Shell Ventures, APG and the Norwegian Ministry of Trade.

DBS announces decarbonisation targets

DBS has announced 'science-based' decarbonisation targets for seven sectors, as part of its aim to reach net zero by 2050.

$39trn investor group urges governments to step up climate action

533 institutional investors managing a total of about $39 trillion in assets have urged governments to enact climate policies to leverage private finance.