Archive

Bank of Korea launches ESG exclusion policy for forex assets

The Bank of Korea (BOK) is planning to screen out companies that fail certain ESG criteria from its $464 billion of foreign currency assets, in a move that will reportedly see it sell the securities of high-emitting companies.

Bond round-up: Enel, Iceland, NRW.BANK, CTP, B3, Coca-Cola FEMSA ... and more

Food firms must do more to support sustainable protein transition, says FAIRR

Investors ask 1,600 companies asked to set science-based targets

Elevar raises $33m for emerging markets social impact fund

Elevar Capital has so far raised about $33 million for its fifth India-focused fund, says a filing with the US Securities and Exchange Commission (SEC).

Golding launches first $350m impact fund

Generation to pay $600m for stake in Octopus Energy

Generation Investment Management has agreed to pay up to $600 million for a 13% stake in Octopus Energy, in a deal that values the renewable energy provider at about $4.6 billion.

New York Fed climate stress test demonstrates 'substantial' risk for banks

Researchers at the Federal Reserve Bank of New York have published a transition risk-focused climate stress test metric for banks, which demonstrated climate risk was "economically substantial" for some lenders during the 2020 energy crisis.

Investors urge US Congress to invest in climate in $3.5trn bill

CDP, Ceres and the Principles for Responsible Investment (PRI) have asked the US Congress to include climate-related policies in a proposed $3.5 trillion spending bill.

Ara raises $1.1bn for 'decarbonisation' fund

Ara Partners, a US private equity firm specialising in industrial decarbonisation investments, closed the Ara Fund II with approximately $1.1 billion in capital commitments, exceeding its $650 million initial target.