Ahren Lester

Green and sustainability-linked loan round-up: Polymetal and Fortune REIT

Polymetal seals first green loan for a Russian miner

Bond round-up: Kookmin, China Industrial Bank, Mitsubishi Heavy Industry ... and more

Green bond comment, November: Time is ripe for sovereigns to finally step up

Sovereign green bonds experienced a bumper September, with several new issuers, but Ahren Lester argues other hesitant sovereigns should step-up ahead of COP26 next year to light up this potentially significant market

Industrial Bank issues second 'blue bond' in China

The Hong Kong branch of China Industrial Bank (IB) has issued a 'blue bond', which was nearly five times oversubscribed, just a few weeks after the maiden blue bond in the country was announced.

$42bn Australian pension fund settles climate court case

The AUD60 billion ($42 billion) Retail Employees Superannuation Trust (REST) pension fund has settled a court case brought against it by a member over its handling of climate change risk, which could spark further legal climate challenges at pension fund managers.

News round-up: REST settles climate case, Solarcentury acquired, Equinor net-zero pledge ... and more

News Round Up: Sustainable fund assets surge, renewables 'unattractive', KKR India push

Sustainable fund assets surge a fifth in the third quarter

Investors turn to engagement, best-in-class firms to counter greenwashing

The majority of institutional investors are turning to active engagement and 'best-in-class' positive selection as key investment approaches to integrate sustainability and counter 'greenwashing,' according to a survey by Schroders Investment Management.

Hedge funds at 'tipping point' as two-fifths integrate ESG into investments

The integration of environmental, social and governance (ESG) at hedge funds has reached a "tipping point" according to a report by BNP Paribas.

Etihad Airways issues 'world's first transition sukuk'

United Arab Emirates (UAE)-owned Etihad Airways has issued a five-year $600 million sustainability-linked 'transition' sukuk, believed to be the first of its kind in the world and the first sustainability-linked bond in the airline industry.