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South Africa enacts carbon tax to help meet Paris goals
29 May 2019South Africa, the largest contributor to fossil fuel emissions in Africa, has enacted a new carbon tax to lower greenhouse gas (GHG) emissions in line with targets laid out in the 2015 Paris Agreement.
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Solactive invests in European advisory firm Minerva
28 May 2019German index provider Solactive has made an equity investment in proxy voting and investment advisory firm Minerva.
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BNP Paribas launches first circular economy ETF
23 May 2019BNP Paribas Asset Management (BNPP AM) has launched what they believe to be the first circular economy exchange traded fund (ETF).
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Bonds round-up: TenneT, Philips, NWB, LBBW, Avangrid and more...
22 May 2019SFIL, a state-owned lender to French local authorities, has issued a €1 billion ($1.1 billion) social bond, following a similar transaction by its Caffil subsidiary in February 2019.
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BP climate change resolution passes with 99% support
22 May 2019A shareholder resolution calling on BP to prepare a business strategy consistent with the 2015 Paris Agreement on climate change secured 99.14% of votes at the oil giant's annual general meeting.
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Generation Investment Management closes $1bn impact investing fund
22 May 2019Generation Investment Management LLP (GIM) has closed its $1 billion impact investment fund, Sustainable Solutions Fund III.
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Financial firms should press for deeper cuts in ship emissions, says ShareAction
17 May 2019Investors and banks should press the shipping industry to aim for net-zero carbon emissions by 2050, according to the campaigning UK charity ShareAction.
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Aquila Capital aims to raise €300m for latest renewables fund
15 May 2019German asset manager Aquila Capital plans to raise €300 million ($336 million) from a London Stock Exchange listing of a new renewables fund.
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Goldman Sachs to offer derivatives based on Stoxx ESG indexes
14 May 2019Stoxx Ltd, a subsidiary of Deutsche Boerse, has licensed three of its European indexes with an environmental, social and governance (ESG) focus to Goldman Sachs, which will use them to create a series of leveraged financial products.
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CDP names its 43 A rated cities, to spur greater ambition
13 May 2019Forty-three cities have received an 'A' rating from CDP for their work in combating climate change, including London, Paris and Hong Kong.