Ahren Lester

IFC elected chair of GBP/SBP excom

The International Finance Corporation (IFC) has been elected chair of the executive committee (excom) of the green, social and sustainability-linked bond principles

Perpetual closes $36m acquisition of ESG investor Trillium

The $36 million acquisition of environmental, social and governance (ESG)-focused investment firm Trillium Asset Management by Australian financial firm Perpetual has completed.

Green and sustainability-linked loan round-up: Keppel, Cobra, Oatly, NMB

2DII and Carbon Tracker launch research collaboration project

2° Investing Initiative (2DII) and Carbon Tracker have launched a collaborative research project to provide a climate scenario analysis service to financial institutions and companies.

Consultation opens on climate change lobbying framework

The consultation on a framework to help investors assess the extent to which a company's lobbying is aligned to the Paris Agreement has been opened, after three investors launched the project earlier this month.

Central banks overlooking ESG factors in Covid-19 response, say academics

There is limited evidence that central banks are taking sustainability goals into account in their response to the coronavirus (Covid-19) crisis, reported a group of researchers who also suggested ways the banks could adjust current instruments to help meets these goals.

Coronabonds webinar: Pimco gives EM sovereigns 'benefit of the doubt'

Investors are likely to give the "benefit of the doubt" to some emerging markets (EM) governments issuing bonds targeting relief efforts amid the coronavirus (Covid-19) pandemic, said fixed income investor PIMCO.

ESG data market 'to more than double, to $5bn'

The environmental, social and governance (ESG) data and services market could more than double to over $5 billion by 2025, it has been forecast, as institutional investor interest grows in the wake of the Covid-19 pandemic.

Third of investor votes back Mizuho Financial climate resolution

More than a third of Mizuho Financial investors backed a ground-breaking shareholder resolution urging the Japanese bank to disclose its climate risks and publish a plan to align investments with the Paris Agreement.

Coronabonds webinar: Axa adopts 'flexible' approach as it invests heavily

Axa Investment Managers has tried not to be "too stringent" when assessing bonds issued in response to the coronavirus (Covid-19) pandemic, as its total investment in so-called 'coronabonds' approaches half a billion euros.