Hydro One has successfully priced a $1.2 billion offering of Medium Term Notes, bolstering its commitment to sustainability. This financing, consisting of $700 million in 4.25% Series 60 Notes due...
The World Bank has priced its largest-ever outcome bond, a $225 million Amazon Reforestation-Linked Bond, designed to tie financial returns directly to the success of reforestation projects in the Amazon....
Nest Pension is venturing into a new asset class: timberland. This strategic move is designed to diversify the pension portfolio while promoting sustainable forestry practices that benefit both the environment...
Canadian ESG Investors Getting More Fund Options to Choose From Canadian investors focused on sustainability now have more choices than ever. Despite a record outflow of C$2.1 billion in Q2...
Norges Bank Investment Management (NBIM), the investment arm of the Norwegian Central Bank, has submitted a letter to the Sustainability Standards Board of Japan (SSBJ) advocating for enhanced alignment between...
Goldman Sachs’ fund division has announced its exit from the investor engagement group Climate Action 100+, following a series of withdrawals by U.S. financial services companies facing political pressure. The...
Blackstone (NYSE: BX) announced a majority investment in Westwood Professional Services, Inc. (Westwood), a leading engineering and design firm specializing in renewables, power, real estate, and public infrastructure. This investment...
Quinbrook Infrastructure Partners, a global investment manager specializing in energy transition infrastructure, has closed its Net Zero Power Fund (NZPF) with $3 billion in capital commitments. This fund is Quinbrook’s...
Investment Announcement Stanley Capital Partners (SCP) and Goldman Sachs Alternatives have announced a majority investment in SePRO Corporation, a leader in sustainable water quality solutions. The financial details remain undisclosed....
Iberdrola has secured a €500 million syndicated green loan with ICO, Sabadell, and HSBC, covered by Cesce through its Green Investment Policy on behalf of the State. The loan, guaranteed...
Accenture (NYSE: ACN) has acquired BOSLAN, a leading provider of management services for large infrastructure projects based in Bilbao, Spain. This acquisition will enable Accenture to reinvent how clients engineer...
Goldman Sachs Fuels BrightNight’s Growth BrightNight, a top renewable power firm, secures a $440 million investment from Goldman Sachs Alternatives. This funding will fully finance BrightNight’s five-year plan and its...
Veolia has solidified its position as a leader in ecological transformation, earning validation from the Science Based Targets initiative (SBTi) for its accelerated decarbonization goals. This recognition follows the company’s...
Enel S.p.A. has approved a share buyback program to purchase 2.9 million treasury shares, approximately 0.029% of its share capital. This program, running from September 16 to December 16, 2024,...
In 2024, shareholder proposals on ESG and anti-ESG issues soared to record numbers, reaching 998 among Russell 3000 companies, surpassing 2023’s total of 947. Despite the increase, support remains inconsistent,...
Market Dynamics Driving ESG Evolution Market forces, including shifting ESG regulations, U.S. anti-ESG sentiment, and increasing competition among ESG service providers, are reshaping asset managers and rating agencies’ ESG integration....
The Inter-American Development Bank (IDB), alongside Brazilian public banks BNDES, Banco do Brasil (BB), and Caixa Econômica Federal (CAIXA), announced plans to develop an exchange-traded fund (ETF) focused on sustainable...
NGP has launched NGP Sustainable Real Assets, LLC, securing approximately $500 million from NGP’s Energy Transition IV fund and co-investors. NGP SRA focuses on developing clean energy assets, including power,...
The Jamaica Stock Exchange (JSE) has launched its comprehensive guidelines for green, blue, and sustainability bonds, aiming to enhance the market’s capacity to attract investments with positive environmental and social...