Details of the Transaction The European Commission raised €7 billion in its 10th syndicated bond transaction of 2024, with €3 billion allocated as NextGenerationEU (NGEU) Green Bonds. The issuance included:...
BNP Paribas Future Forest Fund: A Sustainable Initiative BNP Paribas Asset Management has launched the BNP Paribas Future Forest Fund, a sustainable forestry fund designed to support certified timber production...
Some of the world’s biggest companies, including BlackRock Inc., Block Inc., Ripple, and Samsara Inc., are driving decarbonization in aviation through a $200 million investment in sustainable aviation fuel (SAF)....
Indian billionaire Gautam Adani’s conglomerate, Adani Green Energy Ltd., is preparing to revive a $600 million bond deal after postponing a similar issuance in October. This move comes as Adani...
Fidelity International has announced its intention to adopt the ‘Sustainability Focus’ label for three equity funds under the Financial Conduct Authority (FCA)’s Sustainability Disclosure Requirements (SDR). This move is part...
Amanda Young, former Chief Sustainability Officer at Abrdn, has joined the Global Ethical Finance Initiative (GEFI) as a Senior Advisor. With over a decade of experience in sustainability and responsible...
The New York City Employees’ Retirement System (NYCERS) has joined the UN-convened Net-Zero Asset Owner Alliance (NZAOA), reinforcing its commitment to addressing climate change risks in its investment portfolio. “This...
Denham Capital has appointed Justin DeAngelis as Global Head of Sustainable Infrastructure, following four years as Partner & Co-Head of Denham Sustainable Infrastructure (DSI) alongside Scott Mackin. DeAngelis, who boasts...
The Climate Investment Funds (CIF) has launched its ambitious Capital Market Mechanism (CCMM) on the London Stock Exchange (LSE), designed to raise up to $75 billion (£58 billion) to finance...
US issuers are propelling green bond sales toward record levels despite shifting policy landscapes. As of early November, green bond sales reached $550 billion, nearing the annual record of $588...
The Securities and Exchange Commission (SEC) charged Atlanta-based investment adviser Invesco Advisers, Inc. with making false statements regarding the integration of ESG factors in their asset management. From 2020 to...
The European Insurance and Occupational Pensions Authority (EIOPA) has released its final report on the prudential treatment of sustainability risks under Solvency II, recommending increased capital requirements for insurers holding...
Family enterprises, known for their long-term investment approach, are increasingly integrating sustainability and ESG (environmental, social, and governance) factors into their strategies to enhance resilience and drive value creation. As...
Azerbaijan Sets Stage for Unified Green Investment Standards As the host of COP29, Azerbaijan will unveil a global green investment rulebook aimed at guiding sustainable investments with principles agreed upon...
Follow ESG News on Linkedin The Climate Investment Funds (CIF) governing board approved a groundbreaking $70 million investment for Turkey. This plan will support Turkey’s clean energy ambitions by boosting the...
Follow ESG News on Linkedin The Federal Republic of Germany has appointed DZ BANK AG and Deutsche Bank as joint ESG coordinators for a planned update to its Green Bond Framework,...
LGT Wealth Management, a top wealth manager in the UK, has appointed Phoebe Stone as its first Chief Sustainability Officer (UK), underscoring its commitment to sustainability and advancing its Net...
Verdane, the European growth investment firm, has announced the final close of its Idun II fund at a €700 million hard cap, a significant milestone aimed at investing in businesses...
The UN-backed Net-Zero Asset Owner Alliance (NZAOA) reported a record $175 billion investment in climate-focused solutions by its members in 2023, marking a nearly 38% jump from the previous year’s...