ISS ESG’s First Natural Capital Report: ISS ESG, the sustainable investment arm of ISS STOXX, released its inaugural report from the Natural Capital Research Institute: The Root Cause of Nature...
Lauren Smart has been appointed Head of S&P Global Sustainable1, taking on the leadership role as the business merges with S&P Global Commodity Insights to create an expanded Energy Transition...
Philippine’s SEC Issues Draft Framework for Green Equity Offerings The Philippine Securities and Exchange Commission (SEC) has unveiled a draft memorandum circular outlining the Green Equity Guidelines, a framework designed...
Mizuho Securities, in collaboration with Blue Sky Solar, is pioneering renewable energy funding in Japan through private security token issuance (STO). This marks Japan’s first-ever tokenized infrastructure private equity fund,...
Heidrick & Struggles has expanded its Climate & Sustainability Practice, reinforcing its commitment to global leadership in climate solutions. The expansion, led by Global Head Scott Atkinson, adds four senior...
The Johannesburg Stock Exchange (JSE) is revamping its Sustainability Disclosure Guidance to reflect the finalized IFRS S1 and IFRS S2 standards issued by the International Sustainability Standards Board (ISSB) and...
JSW Energy, led by billionaire Sajjan Jindal, has announced a $1.47 billion acquisition through its JSW Neo Energy unit to buy renewable energy platform O2 Power’s subsidiaries. This significant deal...
Poland’s state development fund, PFR SA, is positioning itself as a key player in the country’s energy transition by becoming an anchor investor in green bond sales. This move is...
Morgan Stanley Infrastructure Partners (MSIP), part of Morgan Stanley Investment Management, has announced the sale of its 50% ownership stake in Höegh Evi Ltd. to funds managed by Igneo Infrastructure...
What’s happening: Trrue, an Ireland-based layer-1 blockchain focused on ESG compliance and real-world asset tokenization, has secured a $10 million investment commitment from GEM Digital, a Bahamas-based $3.4 billion alternative...
DP World has become the first company in the Middle East and North Africa (MENA) region to issue a Blue Bond, raising $100 million for sustainable maritime and water-focused projects....
Vanguard Renewables has appointed Michael O’Laughlin as its Chief Executive Officer, tasking him with accelerating the national growth of its Farm Powered® anaerobic digestion platform. O’Laughlin, an experienced leader in...
Google has signed a 15-year power purchase agreement (PPA) with Copenhagen Infrastructure Partners (CIP) to secure 250MW of wind power from the Zeevonk project, a groundbreaking renewable energy initiative in...
Invesco Unveils Climate-Focused ETF Invesco Ltd. has launched the Invesco MSCI North America Climate ETF (KLMN), which debuted on the New York Stock Exchange with $2.4 billion in assets from...
Iberdrola and Kansai Team Up on Offshore Wind Iberdrola, a global leader in renewable energy, has partnered with Kansai Electric, Japan’s second-largest utility, in the €1.28 billion Windanker offshore wind...
Launching the CCIC Microsoft and Acadia Infrastructure Capital have partnered to launch the Climate and Communities Investment Coalition (CCIC), targeting a $9 billion pipeline of renewable energy projects across the...
A new EY Institutional Investor Survey highlights growing skepticism and inaction within the investment community regarding ESG (Environmental, Social, and Governance) priorities. Investors wary of ESG reporting The survey of...
DWS has announced the first close of its ESG Infrastructure Debt Strategy (EIDS), securing €323 million from institutional investors across EMEA and APAC. This milestone highlights growing demand for sustainable...
Why it matters: The Asian Development Bank (ADB) is supporting innovative financial tools like sustainability-linked bonds (SLBs) to accelerate climate action in Thailand and across Asia. These bonds tie financial...
Abu Dhabi Finance Week (ADFW) 2024 commenced today under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of...
London, Dec 6, 2024 (ESG NEWS) – Qatar has officially launched the trading of its first green bonds on the London Stock Exchange (LSE), marking a milestone in the nation’s...
A recent survey conducted by the Morgan Stanley Institute for Sustainable Investing reveals that the majority of institutional investors anticipate significant growth in sustainable assets over the next two years....
Mirova, a sustainability-focused investment manager under Natixis Investment Management, has launched an integrated real assets platform combining its Energy Transition Infrastructure, Natural Capital, and Private Equity businesses. The platform, effective...
ConnectDER, a leader in home energy technology, has raised $35 million in Series D funding to advance its electrification solutions. The funding, led by Decarbonization Partners—a joint venture of BlackRock...
ADNOC has unveiled XRG, a transformational international investment company with an enterprise value exceeding $80 billion. The independently operated venture focuses on lower-carbon energy and chemicals, aiming to double its...
Matthew Chan has joined Flint Global as a Partner in their Asia Pacific team based in Hong Kong. Chan comes from J.P. Morgan, where he established the firm’s Corporate Sustainability...
CBRE IM strengthens sustainability leadership CBRE Investment Management (CBRE IM) has named George Crone as Sustainability Lead for UK Direct Investments, reinforcing its commitment to achieving net-zero and advancing its...
IFC champions biodiversity with landmark green bond The International Finance Corporation (IFC), part of the World Bank Group, issued a green Kangaroo bond worth AUD 700M to close the biodiversity...
Schroders pioneers sustainable investment labels Schroders announced plans to adopt the UK Financial Conduct Authority’s (FCA) Sustainability Disclosure Requirements (SDR) labels for 10 of its funds, solidifying its position as...
Fiona Reynolds, Executive Director for PRI interview with David Nelson at Sustainable Stock Exchange Initiative (NYSE)
BNP Paribas’ Shift Towards Sustainable Investing In a November strategy update, BNP Paribas Asset Management announced it would cease investments in new bonds issued by oil and gas exploration and...
Blackstone and Santander Corporate & Investment Banking have announced an agreement where funds managed by Blackstone Credit & Insurance (BXCI) will acquire interests in a $1 billion portfolio of high-quality...
LeapFrog Investments Raises Record $1.15 Billion to Accelerate Healthcare and Finance for 100 Million in Emerging Markets LeapFrog Investments has closed its fourth fund (“Fund IV”) with commitments and designated...
Equinix, Inc., the world’s digital infrastructure company, has strengthened its commitment to sustainability by issuing an additional €1.15 billion in green bonds. Following over $750 million issued in September 2024,...
Hilkka Komulainen Leads Sustainability and Impact Initiatives Quinbrook Infrastructure Partners has named Hilkka Komulainen as its new Global Head of Sustainability and Impact, effective November 25, 2024. Komulainen, based in...
Empowering Investors with Data-Driven Insights ISS ESG, the sustainable investment arm of ISS STOXX, has unveiled a new customizable Climate Impact Report. Designed for institutional investors, the report aims to...
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...
Ørsted has entered a strategic partnership with Brookfield Asset Management, its institutional affiliates, and Brookfield Renewable, who will acquire a 12.45% minority stake in four of Ørsted’s UK offshore wind...
Key Impact Points Aviva Investors Launches Carbon Removal Fund Aviva Investors has launched an innovative Carbon Removal Fund (CRF) that offers institutional investors access to a range of high-integrity carbon...
Energy Transition Infrastructure: A Growing Investment Opportunity Since 2014, energy transition infrastructure has attracted $892 billion in capital commitments. Nearly a quarter of these funds have flowed into specialist funds,...
Key Takeaways: MUFG Bank, Ltd. announced the launch of MUFG CashFolio™, a new liquidity trading portal developed in partnership with BNY Mellon. This online tool gives institutional clients greater access...
Key Takeaways: Intercontinental Exchange, Inc. and Dun & Bradstreet Holdings, Inc. have announced plans to launch a new climate risk data service targeting a broad universe of public and private...
Key Impact Points: The News: New York City Comptroller Brad Lander has proposed a policy for the city’s public pension funds to cease future investments in midstream and downstream fossil...
Key Impact Points: KKR, a leading global investment firm, has signed an agreement to acquire a 25% stake in Enilive, Eni’s mobility transformation company, for €2.94 billion ($3.2 billion). This...
Key Impact Points: The private equity (PE) industry is steadily advancing its sustainability efforts, driven by increasing investor expectations and the commercial benefits tied to ESG initiatives. With over $8.7...
Key Impact Points: The Impact Disclosure Taskforce, a market-led initiative co-chaired by J.P. Morgan and Natixis Corporate & Investment Banking, has released its final voluntary Impact Disclosure Guidance aimed at...
Key Impact Points: Why it matters: Sustainable funds have surged to $3.5 trillion in AUM, even as inflows slow. The $20 billion in inflows recorded in the first half of...
Key Impact Points: Why it matters: CalSTRS, a leader in sustainable investing, has awarded a significant $150 million mandate to Ninety One’s Global Environment strategy, reinforcing its commitment to investments...
Key Impact Points: Why it matters: Nearly all of the 350 food and agriculture executives surveyed by Deloitte and NYU Stern Center for Sustainable Business (CSB) acknowledged the financial value...
BlackRock Under Scrutiny for ‘Sustainable’ Investments ClientEarth, an environmental law organization, has taken legal action against BlackRock, the world’s largest asset management firm, for alleged greenwashing. The complaint, filed with...
Key Impact Points: Why it matters: As global awareness of biodiversity loss grows, investors are looking for ways to assess and manage their exposure to nature-related risks. Bloomberg’s new data...
Key Findings: Global insurers are increasingly focused on low-carbon transition and clean energy infrastructure investments, according to BlackRock’s 13th annual Global Insurance Report. A staggering 99% of respondents have set...
The Government of Canada has successfully re-opened its second Canadian-dollar-denominated green bond, raising an additional $2 billion. This re-opening of a 10-year bond is part of Canada’s commitment to regular...
Key Impact Points: ESG investment in Japan is accelerating, driven by a mix of policy support and growing investor interest. Public pension funds signing the Principles for Responsible Investment (PRI)...
Key Impact Points: The Government of Canada is advancing a Made-in-Canada sustainable investment taxonomy aimed at accelerating progress toward net-zero emissions by 2050. This taxonomy will provide a framework for...
Key Impact Points: BNP Paribas Asset Management (BNPP AM) has made a significant move by listing four ESG equity ETFs on the London Stock Exchange (LSE) for the first time....
Key Impact Points: Strategic Investment in Climate Mitigation Morgan Stanley Investment Management has successfully completed funding for its ambitious 1GT climate private equity fund, securing $750 million. This fund is...
LSEG’s Commitment to Transition Finance The London Stock Exchange Group (LSEG) has contributed to the latest Glasgow Financial Alliance for Net Zero (GFANZ) publication, titled “Case Studies on Transition Finance...
FTSE Russell has introduced two innovative indices—the FTSE Fixed Income TPI Climate Transition Index Series and the FTSE Fixed Income TPI Focused Glidepath Index Series—aimed at supporting investors’ climate commitments...
New York State Insurance Fund Transitions to Responsible ETF The New York State Insurance Fund (NYSIF) has made a significant shift by reallocating its coal assets to a responsible investment...
Masdar, Abu Dhabi’s clean energy leader, announced plans to acquire Saeta Yield from Brookfield Renewable for an enterprise value of $1.4 billion. The deal strengthens Masdar’s position in Spain and...
Investors Push for Global Reporting Standards Global investors are calling for companies to voluntarily apply the International Sustainability Standards Board (ISSB) Standards, even in the absence of regulatory requirements. This...
S&P Global’s Game-Changing Initiative S&P Global Commodity Insights has launched the world’s first daily carbon-accounted iron ore price assessments, a significant step in bringing transparency to the steel industry’s decarbonization...
Brookfield Asset Management has secured $2.4 billion in the initial closing of the Catalytic Transition Fund (CTF), moving closer to its goal of raising $5 billion. The fund is aimed...
Bloomberg has announced significant upgrades to its climate solutions suite, aimed at helping investors evaluate companies’ carbon emissions goals and transition risks more accurately. The enhanced tools offer detailed assessments...
MSCI Inc. has launched MSCI Carbon Project Ratings, the first tool to assess the integrity of over 4,000 carbon credit projects. This marks a significant step forward in setting new...
Growing Confidence in SI Data Concerns about the availability and accuracy of ESG data have significantly declined, with fewer asset owners citing it as a barrier to sustainable investment (SI)....
Kenya has taken a significant step forward in its climate goals by becoming the first African nation to develop a national REDD+ registry, designed to track carbon credits aimed at...
Vanguard’s Investor Choice proxy voting pilot, launched in early 2023, has revealed new data from the 2024 proxy season, showing growing individual investor engagement. The initiative enables individual investors to...
More than 530 financial institutions, managing over $29 trillion in assets, are pressuring governments worldwide to take decisive action on the climate crisis. In a joint statement ahead of COP29,...
At Goldman Sachs, a new ESG filter is rethinking how companies are evaluated by focusing on circularity—the extent to which they recycle, manage waste, and reuse materials. This model has...
IFC issues a 2.6 billion Swedish krona green bond to promote blue finance in emerging markets. The $243 million bond will finance ocean-friendly projects and improve access to clean water...
Deloitte’s 2024 CxO Sustainability Report reveals a growing commitment to sustainability, with 85% of CxOs increasing their investments, up from 75% last year. This shift signals climate action’s lasting presence...
Upright has just launched a groundbreaking open database, the first of its kind, covering the science-based impact of over 35,000 mutual funds and ETFs worldwide. This initiative offers an unprecedented...
The Growing Role of ESG Ratings With 94% of investors relying on ESG ratings at least once a month, the influence of these tools in financial markets has surged. Despite...
Nordea Asset Management (NAM), a leading Nordic investment manager, has been awarded a $450 million global equity mandate by the California State Teachers’ Retirement System (CalSTRS). CalSTRS, one of the...
Robeco has unveiled its new High Income Green Bonds strategy, becoming the first asset manager to offer an Article 9 green bond strategy in the credit market. This innovative approach...
Nasdaq Dubai has welcomed a $400 million Green Bond issued by the Bank of China (Dubai Branch), part of the bank’s $40 billion Medium Term Note Programme. The bond, rated...
Nasdaq ESG Solutions has partnered with Crux, a sustainable finance technology company, to help businesses navigate the emerging market of transferable tax credits. This collaboration allows companies to both manage...
SEB’s Sustainable Investment Commitment SEB has unveiled the SEB Global Sustainable Companies Fund, a groundbreaking investment vehicle dedicated to companies that excel in environmental and social responsibility. As a pioneer...
BNP Paribas Accelerates Ecological Transition with €150M Fund BNP Paribas Asset Management (BNPP AM) announced that the BNP Paribas Solar Impulse Venture Fund (BNPP SIVF) has successfully raised its minimum...