Archive

People moves, 14 April: CSSB, GSAM, Allianz ... and more

£250m private impact fund launched by Lloyd's

Insurance company Lloyd's has launched a private impact fund which will invest in climate mitigation, adaptation, circular economy and social inclusion.

Climate Asset Management to lead Apple 'carbon removal' fund

Apple has launched a fund to which it will commit "up to" $200 million to invest in "high-impact, scalable, nature-based carbon removal offsets".

CBI launches sustainability-linked bond certification scheme

The Climate Bonds Initiative (CBI) has launched a certification scheme for sustainability-linked bonds and company-level transition plans, in what the influential not-for-profit called a "major step forward" for financial markets.

LGIM to support climate resolutions at North American banks

Legal & General Investment Management (LGIM) has announced it will support climate resolutions at several North American banks, including calls to phase out fossil fuels and report on scope 3 emissions.

'Tide has turned' on UK water companies

Water utilities face a conundrum as they look to invest to address environmental issues, Thomas Cox writes

Loan round-up: JSW, Ziraat Bank, Akbank ... and more

Article 8 funds set to increase in 2023, says Fitch Ratings

The number of EU 'Article 8' sustainable funds is expected to "moderately increase" over the next year - despite stricter eligibility requirements, Fitch Ratings has said.

Indian central bank releases green deposit framework

The Reserve Bank of India (RBI) has released a framework for green deposits, in a bid to increase capital allocations towards green projects and counter greenwashing.

Royal Bank of Canada ranked world's biggest fossil fuel financier

The Royal Bank of Canada (RBC) has been ranked the world's biggest financier of fossil fuels, as banks across the US, Canada and Japan continue to dominate financing for oil and gas expansion.