Christopher Marchant

People Moves 5 June: JP Morgan, Global Environment Facility, NN Investment Partners, Breedon Group, Triodos, Yielco, European Lab Steering Group, Severstal, Trillium

Exclusive: IFC to integrate ESG into underwriter selection process

The International Finance Corporation (IFC) has become the first green and social bond issuer to formally integrate environmental, social and governance (ESG) considerations into its underwriter selection process.

Fidelity launches trio of ESG ETFs

Fidelity International is to extend its 'sustainable' range of funds, with the launch of three actively managed, exchange-traded funds (ETFs).

Planet Tracker: Investors facing risk with unsustainable salmon farming

Institutional investors such as DNB, Vanguard and BlackRock are exposed to a salmon fishing industry that could be negatively affected by the Covid-19 pandemic and ongoing environmental issues.

Sustainalytics launches transition bonds second-party opinion service

ESG data provider Sustainalytics has launched a transition bond second-party opinion service, the first of its kind in the rapidly evolving labeled bond market.

Guernsey launches green private equity principles

The British territory of Guernsey has launched a set of voluntary green private equity principles, which, it says, are aligned with the Task Force on Climate-related Financial Disclosures (TCFD) and the EU Taxonomy on Sustainable Finance.

Glennmont fully divests from Clean Energy Fund 1

Glennmont Partners has completed the sale of its Sleaford Renewable Energy Plant to Greencoat Capital, divesting the last remaining asset of its €437 million ($485 million) Clean Energy Fund I.

BBVA issues €1bn Covid-19 bond

Spanish financial services company BBVA has priced a €1 billion ($1.1 billion) Covid-19 social bond, making it the first private financial institution in Europe to do so.

EU's €750bn recovery plan to use green taxonomy

The European Commission's €750 billion ($825 billion) Covid-19 recovery fund will be geared around climate action, including an expansion of the EU emissions trading scheme.

Cicero's equity assessment service combats 'imperfect' ESG ratings

Cicero Shades of Green said its recently-launched equity assessment service looks to address "imperfect" ESG ratings of climate risk, as well as departing from the use of proceeds model typically used in the green bond market.