ESG News

Sustainable Finance Daily Blog ESG News

ESG News

Weekly ESG News from the financial services and insurance industry.

EIB issues its first ever digital Climate Awareness Bond on the blockchain, Bank of Amercia (BofA) joins Sustainable Aviation Fuel (SAF) program, AXA Investment Managers launched the AXA ACT People & Planet Equity fund, MAPFRE launches Europe’s first biomethane mutual fund, IFC and Bank BTPN Partner in Landmark Social and Green Bond Deal, South Africa launches $1bn green hydrogen fund with Netherlands, Denmark, SBTi launches six-week public consultation on Beyond Value Chain Mitigation, UK and France launch new initiative on Biodiversity Credits, Switzerland approves climate and innovation law, Morningstar Sustainalytics Enhances its Physical Climate Risk Assessments, Morningstar Indexes introduces Morningstar Eurozone Societal Development Select 80 Index, Apollo Publishes 14th Annual Sustainability Report, “Investing in Tomorrow, Today”, MetLife publishes 2022 Sustainability Report,
ESG News

ESG News 25/2023 (19.06. – 25.06.)

  • June 26, 2023
SUSI Partners closes $120mn energy transition fund, Citi launches sustainable deposit solution in India, Ilmarinen invests EUR 2bn in BlackRock´s iShares ETFs, Macquarie Asset Management completes investment in Coastal Waste & Recycling, Brookfield Renewable will acquire Duke Energy Renewables, Deutsche Bank is partnering with The Nature Conservancy in Asia Pacific, J.P. Morgan Launches Sustainable Investment Data Solutions for Institutional Investors, IIGCC launches new stewardship guidance for corporate bondholders, EU proposes new rules for ESG Rating Provider, SBi launches consultation of new draft framework for financial institutions, JLL Launches CRE Decarbonization Solution, LOIM hires Dr. Marc Palahi as Chief Nature Officer
ESG News

ESG News 24/2023 (12.06. – 18.06.)

  • June 18, 2023
HANetf reduces fees on two clean energy ETFs, BlackRock launched new global ESG-focused equity ETF, Bloomberg launched carbon-tilted commodities index, Just Climate Closes US$1.5 Billion Climate Fund, BNP Paribas exits bond arranging for new oil and gas ventures, LOIM and Systemiq announce holistiQ Investment Partners, Carbon Growth Partners raised $200mn for Carbon Credits Fund, OECD Updates Human Rights Guidance, AREF publishes SFDR Real Estate Solutions Paper, Australia´s bank regulator will push for climate risk integration, impak is launching the world’s first indices based on the ESG+impact assessment, Fitch Group unveils ESG regulations tracker, MAPFRE has left the NZIA
ESG News

ESG News 23/2023 (05.06. – 11.06.)

  • June 11, 2023
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