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Societe Generale expects growth in sovereign green bond issuance - but maybe not this year
21 September 2017French bank Societe Generale's head of sustainable bonds is "entirely convinced" there will be significant growth in sovereign green bonds issued in Europe in the near future.
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Green Bank Network contributes $29bn to clean energy projects
20 September 2017Commitments worth $29 billion have been made since 2015 to fund clean energy projects by a group of six green banks.
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Total pays €237m for stake in renewable energy producer
20 September 2017French oil and gas company Total has purchased a 23% stake in renewables company Eren for €237.5 million ($284 million).
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Impax to acquire sustainable investment firm Pax
18 September 2017UK-based asset manager Impax is to acquire US firm Pax World Management, for an initial sum of $52.5 million, to grow its sustainable investment portfolio.
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UK pension scheme NEST divests £27.2m from high carbon companies
11 September 2017The UK's national workplace pension provider has divested £27.2 million from companies that it deems are not adequately adapting to a low-carbon economy, including Exxon Mobil and Royal Dutch Shell, it has said.
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Green Investment Group makes £38m waste-to-energy investment
08 September 2017The Green Investment Group has committed to invest £38 million ($50 million) in the construction of a 70MW waste-to-energy facility in the UK, alongside a syndicate of lenders.
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Zurich promotes Köb to lead insurer's responsible investment
07 September 2017Zurich's head of responsible investment Manuel Lewin has been promoted to become the Swiss insurer's head of risk strategy, and will be replaced by Johanna Köb.
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MSCI ESG index outperforms benchmark over five years
05 September 2017An ESG index developed by MSCI that excludes a small number of "red-flag" stocks and tilts the remaining constituents towards companies with strong sustainability performance has outperformed its benchmark by 39 basis points annually since 2012.
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Moringa purchases stake in Brazilian agro-forestry project
04 September 2017Agro-forestry fund Moringa has committed to a $6 million investment in Brazilian company Floresta Viva, a producer of heart of palm, a vegetable derived from the palm tree.
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NN Group conducts carbon footprint analysis of investments
01 September 2017Dutch insurer NN Group has published the results of its first carbon footprint analysis, and said the study could ultimately lead to divestment from companies judged to pose climate change transition risks.