Archive

Green hijacking: SBI and KfW

The State Bank of India's ESG update flaunted its relationship with KfW to help give it credibility but it failed to mention its plans to finance the Carmichael coal mine, says Ulf Erlandsson

Strong demand sees Elsan upsize sustainability-linked leveraged loan

French private hospital operator Elsan refinanced its entire €1.7 billion ($2 billion) of senior debt by issuing a sustainability-linked leveraged loan, after the innovative transaction attracted significant demand from investors.

Oceans fund eyeing 'impact unicorns' targets €150m fundraise

CNP Assurances draws exclusion plans for oil and gas companies

CNP Assurances has pledged to complement its coal investment policy with a responsible investment strategy for the oil & gas sector.

'Sharp differences' in how sovereign wealth funds approach climate

Almost 90% of sovereign wealth funds claim to take climate change into account in their investment processes - but there are "sharp differences in how systematic and sophisticated these approaches are", a report has found.

EFAMA disputes 'short termism' beliefs of EU sustainable corporate governance revamp

The European Fund and Asset Management Association (EFAMA) has challenged the depiction of shareholders as being interested in short-term financial returns in its response to the European Commission's consultation document proposal for an initiative on sustainable corporate governance.

News Round Up: PRB, First Sentier, ISS ESG

Combining sustainability-linked and green bonds would be 'more impactful'

Tying 'use-of-proceeds' green bonds with their emerging 'sustainability-linked' cousins could make green paper "more impactful and more intentional", and market participants are beginning to float the idea more widely.

Why are data providers flocking to impact? Part two: V.E

How does V.E help investors measure and report their impact, Michael Hurley asks

Gold Standard creates tool to cut cost of carbon offset impact reporting

Climate standard-setting and certification body Gold Standard has launched a tool it says can "more efficiently monitor, quantify and verify" an emissions offsetting project's contribution to the Sustainable Development Goals (SDGs).