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Credit where it's due: rating agencies' ESG play
26 April 2019Credit rating agencies have been ramping up their ESG capabilities in recent months. What are the implications for ESG data companies, Michael Hurley asks
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Bond round-up – 24 April: China Three Gorges, Royal Bank of Canada, Citi, United Urban Investment, ANA Holdings
24 April 2019Hydropower developer China Three Gorges (CTG) has issued green bonds worth CNY20 billion ($2.98 billion), according to local media.
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Disclose physical risk management strategy, green bond issuers urged
24 April 2019Green bond issuers have been urged to improve their reporting on how they plan to adapt to potential physical risks posed by climate change, after a “first-of-its-kind” analysis claimed to highlight a low level of disclosure of such risks.
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FMO increases 2019 impact investments target
23 April 2019Dutch development bank FMO has revealed plans to increase its impact investments in emerging markets in 2019, to €2.9 billion ($3.3 billion).
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Chemicals company signs €400m sustainability-linked RCF
18 April 2019Finland-based chemicals company Kemira has agreed a €400 million ($450 million) ‘sustainability-linked’ revolving credit facility (RCF).
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Bonds round-up: ICBC, Banque Postale, ABN Amro, ERG, Yorkshire Water, Woolworths, Shinhan Bank, IADB, Chile, Otto, Arizona State University, NYC Housing, OPIC, Nomura, Trianon
17 April 2019La Banque Postale has issued its first green bond, raising €750 million ($849 million).
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Central banks send powerful climate risk message with landmark report
17 April 2019A report by some of the world’s most influential central banks and supervisors has sent a shot across the bow of the investment community by signalling that climate-related risk is near the top of their agenda.
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Moody’s considers scrapping Green Bond Assessment following Vigeo Eiris deal
16 April 2019Credit rating agency Moody’s appears likely to drop its Green Bond Assessment (GBA) following its acquisition of Vigeo Eiris, Environmental Finance has learned.
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‘New era’ for Vigeo Eiris as it is acquired by Moody’s
15 April 2019Credit rating agency Moody’s has acquired a majority stake in Vigeo Eiris, in a move designed to help it seize a leadership role in the highly competitive environmental, social and governance (ESG) data arena.
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Actis creates ‘industry first’ impact measurement framework
15 April 2019Emerging markets investor Actis has launched a framework to help limited partner investors compare the impact of their investments across different sectors and geographies, in what it claims is a first for private equity.