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Impact investment exceeds $500bn, says GIIN
01 April 2019The impact investment market has been valued at more than $500 billion for the first time, in an analysis by the Global Impact Investing Network (GIIN).
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People Moves: BNP Paribas Asset Management, Allianz GI, BlackRock, Pivot Power, Green Investment Group and Renewables Consulting Group
29 March 2019Gabriel Wilson-Otto has joined BNP Paribas Asset Management (BNPP AM) as head of stewardship for Asia-Pacific at its Sustainability Centre.
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Japanese insurers get to grips with ESG
28 March 2019Three major Japanese insurers – Tokio Marine Group, MS&AD Insurance Group, and Nippon Life Insurance – are beginning to integrate climate risks and environmental, social and governance (ESG) factors into their strategies, each with its own focus area. Elena K. Johansson reports.
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Green bonds round-up: IBRD, Folksam Group, Electrolux, Interstate Power & Light, Pace Funding Group, EBRD
27 March 2019The International Bank for Reconstruction and Development (IBRD), part of the World Bank Group, has tapped the €600 million ($675 million) green bond it issued in November to raise a further €250 million.
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€100m African 'new tech' impact fund launched
26 March 2019An impact fund with a target size of €100 million ($113 million), which will invest in companies using new technologies such as blockchain, has been launched at the Africa CEO Forum in Kigali, Rwanda.
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'Positive impact' companies outperform, says NN IP
25 March 2019'Positive impact' companies deliver higher growth rates, higher-quality returns and lower costs of capital than non-impact companies, research has shown.
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People Moves: Carbon Tracker, State Street Corporation, ANZ Bank New Zealand and MFS Investment Management
22 March 2019Anthony Hobley, chief executive officer of not-for-profit financial think-tank the Carbon Tracker Initiative, will step down and join the organisation's advisory board as co-chair from April.
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Slump in US muni green bond issuance is temporary, says S&P
20 March 2019The US municipal self-labelled green bond market experienced a slump in 2018, but could see renewed growth in 2019 as issuers tap into broader sustainability investor demands, S&P Global Ratings said.
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Green bond round-up: Danske Bank, Cassa depositi e prestiti, Kommuninvest, Teonec, NYSERDA, NY State Housing and Vasakronan
20 March 2019Danske Bank has become a green bond issuer for the first time, in a deal worth €500 million ($568 million).
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Danish pension fund invests DKK90m in sustainability bonds
20 March 2019Danish pension fund Sampension has invested DKK90 million ($13.6 million) in a sustainability bond from the German state of North-Rhine Westphalia.