ESG News

Sustainable Finance Daily Blog ESG News

ESG News

Weekly ESG News from the financial services and insurance industry.

Lombard Odier IM launch-es Future Electrification Strategy, ING launched a multi-asset Article 9 Fund, Citi Group closes $130m off-grid solar deal in Kenya, HSBC explores opportunities around debt-for-nature swaps, Rize ETF has listed its circular economy ETF, Philips Pensioenfonds aligns EUR 370m EM equity portfolio with UN SDGs, European Supervisory Authorities (ESAs) issued definition of greenwashing, Richard Mattison and Chris Heusler promoted to vice-chair and president of Sustainable1, Pemberton appoints Niamh Whooley as Head of Sustainable Investing, Lloyd's, QBE to exit NZIA, Arabesque AI partners with HSBC and develops the HSBC ESG Risk Improvers Index
ESG News

ESG News 22/2023 (29.05. – 04.06.)

  • June 4, 2023
BNY Mellon Investment Management Launches the BNY Mellon Women's Op-portunities ETF and BNY Mellon Innovators ETF, ISS ESG and Qontigo Launch ISS STOXX Biodi-versity Index Suite, JPMorgan Chase targets carbon remov-al technologies with a $200mn purchase of high-quality durable (CDR), Schroders Greencoat & Carlton Power establish joint venture to develop green hydrogen project portfolio in UK, Malaysia sets up committee for Sustainability Reporting, China looks at Transition and Nature Taxonomies, IIGCC drafted principles for enhancing Net Zero Benchmarks, BNY Mellon appoints Meaghan Mul-doon as Chief Sustainability Officer, Kara Succoso Mangone appointed as Head of Goldman Sachs’ Sustainable Finance Group, Allianz Global Investors hires CIO to lead new Global Sustainability / SRI Equity team, Oliver Withers joins Standard Char-tered as Head of Biodiversity, AXA, Allianz and SCOR leave Net Zero Insurance Alliance
ESG News

ESG News 21/2023 (22.05. – 28.05.)

  • May 29, 2023
FTSE Russell launched the FTSE UK ESG Risk-Adjusted Index Series, Schroders launches Carbon Offset Share Classes, Santander and EIB Group will mobilize €162 million in financing to increase energy efficiency of buildings, Venture Capital firms saw a boom in clean energy startup investments, Morgan Stanley IM closes Private Equity Strategy at $500mn of capital commitments, Cazenove Capital lays out voting best practice for asset managers, Australia Post’s inaugural sustainability bond raises A$100m, ERM and Planet collaborate to help organizations harness satellite data, AXA Investment Managers announced the appointment of Marie Luchet as Head of ESG & Sustainability, Legal & General Capital appoints Julia Goldsworthy as Head of Social Impact Investment, Climate Action 100+ drafts standard for diversified mining, Shareholders call on JPMorgan Chase to disclose a Climate Transition Plan, Barclays and Morgan Stanley take the lead in CO2 deal
ESG News

ESG News 20/2023 (15.05. – 21.05.)

  • May 22, 2023
State Street launches global Carbon Asset-Servicing Solution, Actis Launches $500m re-newables business in Japan and makes first acquisition, Schroders Capital exceeds €320mn for first close of European sub-investment grade infrastructure debt fund, Folium Capital launches regenerative Natural Resources Fund combining for-est and agriculture assets, Biden administration announced plans for green-house gas emissions from power plants, Consultation to enhance the international applica-bility of the SASB Standards are now open, Australia to invest $1.4bn to scale up renewable hydrogen industry, ClarityAI and GIST Impact Team announced a partnership to launch biodiversity assessment and reporting capabilities, CBRE Property Management forms partnership with Deepki, EY launched “EY OpsChain ESG”, S&P Global Sustainable1 launched its new Nature & Biodiversity Risk Dataset, Verizon issued its fifth $1 billion green bond, Allison Herren Lee joined Persefoni´s Sustainability Advisory Board, BNP Paribas Asset Management announced two new members of its Sustainability Centre, BNP Paribas details and strengthens its energy transition am-bitions and updates its policies, Amundi, HSBC and ACCR filed a shareholder resolution with Japan´s J-Power
ESG News

ESG News 19/2023 (08.05. – 14.05.)

  • May 15, 2023
Schroders’ Renewables and Energy Transition Fund approved by UK’s FCA, MUFG Bank launches $1bn Climate Tech Fund together with Mitsubishi, Energy Impact Partners closes “Elevate Future Fund” with $112m, EIB approves EUR 6.6bn for Sustainable Investments, New ADB program to mobilize billions for climate projects in Asia, Florida incorporates anti-ESG bill into law, Australia introduces Net Zero Authority to manage transition to net zero, EU includes financial sector into new Corporate Sustainability Due Diligence Directive (CSDDD), Accenture announces collaboration with Cervest on AI-Powered Climate Risk Solutions, WTW launched a new ESG initiative focused on climate risk assessment, Dun & Bradstreet expands ESG rankings coverage, Diligent launches a new ESG Reporting Platform for Directors, Braemar Energy Ventures releases 2023 Impact Report
ESG News

ESG News 18/2023 (01.05. – 07.05.)

  • May 8, 2023
Apollo launches clean transition capital strategy, ESG fund downgrades seem to reverse, European Parliament adopts changes to emissions trading system, Algebris Investments appoints Antonio Volpin, Redwheel appoints Amanda O’Toole to manage two new ESG funds, Standard Chartered changes emissions measurement for oil and gas loans
ESG News

ESG News 17/2023 (24.04. – 30.04.)

  • May 1, 2023
Amundi launches suite of Net Zero strategies for different asset classes, Pictet Asset Management lauches China Environ. Opportunities Fund, WisdomTree launches California Carbon Allowance ETP, LGIM and NTR raise EUR 390mn for Clean Power Fund, BDC launches $150mn Sustainability Venture Fund, CIRCA5000 to launch five UCITS ETFs focused on the SDGs, AllianceBernstein launches ESG fund, Climate Bonds Standards extends its framework, EU Parliament adopts new law to fight deforestation, Singapore unveils details for Net Zero Action Plan (FiNZ), Australia plans issuance of Green Bond
ESG News

ESG News 16/2023 (17.04. – 23.04.)

  • April 23, 2023
Morningstar Sustainalytics launches Low Carbon Transition Ratings, European Commission adopts clarifications regarding disclosure rules on sustainable investments, European Supervisory Authorities (ESAs) publish consultation paper for SFDR, Lloyd’s launches £250mn Private Impact Fund, Carbon Removal Fund of USD 200mn launched by Apple
ESG News

ESG News 15/2023 (10.04. – 16.04.)

  • April 16, 2023
Successful launch of Xtrackers MSCI USA Climate Action Equity ETF, AXA Investment Managers increases stewardship activities, EU Commission launches consultation of EU Taxonomy, Rachel Curley appointed as Director of Policy and Programs at US SIF, Zurich Insurance to quit net zero alliance, NYC Pension Funds to implement net zero plans
ESG News

ESG News 14/2023 (03.04. – 09.04.)

  • April 10, 2023
Amundi appointed as investment manager for new Asian Climate Bond strategy, Federated Hermes launched Sustainable Global Investment Grade Credit Fund, Fidelity International launched new Global Government Bond Climate Aware ETF, UK FCA delays sustainability disclosure requirements, EFRAG to delay work on sector-specific reporting standards, Bloomberg enhances SFDR solution, Alex Bell appointed as partner of Sustainable Growth Equity platform, Munich Re discontinues NZIA membership, Siemens Energy places Green Bond of EUR 1.5bn
ESG News

ESG News 13/2023 (27.03. – 02.04.)

  • April 3, 2023