On Thursday, BlackRock launched two active sustainable ETFs for the transition to a low-carbon economy. The BlackRock U.S. Carbon Transition Readiness ETF (LCTU) and the BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) invest in large- and mid-cap companies,
(Bloomberg) — An exchange-traded fund investing in U.S. companies that BlackRock Inc. considers most likely to prosper in the transition to a low-carbon world attracted record inflows Thursday in its first day of trading. Read More
AXA IM launches its first low-carbon US High Yield fund Submitted 08/04/2021 – 4:35pm AXA Investment Managers (AXA IM) has launched the AXA WF US High Yield Low Carbon Bonds Fund, demonstrating the firm’s commitment to delivering sustainable, long-term value
OSLO — Norway’s $1.3 trillion sovereign wealth fund has made its first direct investment in a renewable energy project, a new asset class for the world’s largest state-owned investor, it said on Wednesday. Read More
OSLO — Norway’s $1.3 trillion sovereign wealth fund, the world’s largest, has made its first direct investment in a renewable energy project, a new asset class for the fund, it said on Wednesday. Read More
“Not about getting the badge but taking the action”: Net Zero Asset Managers initiative covers a third of global AUM Submitted By Madeleine Taylor | 06/04/2021 – 9:28am More than a third of total assets under management worldwide are now
Artemis launches Positive Future Fund Submitted 06/04/2021 – 8:48am Artemis Fund Managers has launched the Artemis Positive Future Fund, a global equity fund investing in disruptive and innovative companies that create transformational change in society. The fund aims to
TOKYO — Japan’s Mitsubishi UFJ Financial Group Inc won’t completely stop financing for coal-fired power plants, even as external pressure has forced it to tighten its lending policy, the chief executive of its main banking unit said. Read More
7 ways for ESG investors to profit from sustainable agriculture.
Record-breaking green bond issuance reflects investment in a green recovery Submitted 26/03/2021 – 8:59am Green bond issuance has already reached new monthly highs in March. With a week left to go, issuance so far this month totals EUR48 billion, up
SINGAPORE — Singapore’s Temasek Holdings believes that impact investing has reached an inflection point, with the coronavirus pandemic highlighting deep social imbalances that have intensified the need for such forms of investments. Read More
Investors are increasingly considering environmental, social and governance (ESG) factors before committing to invest in new liquefied natural gas (LNG) projects, analysts at S&P Global Platts and S&P Global Ratings said on Wednesday. Read More
Investors from China are snapping up thematic ETFs with gusto. U.S. ETF investors can do the same with a few thematic funds from Global X that are posting big daily share volumes.
LONDON — The world’s biggest banks cut lending to fossil fuel firms by 9% in 2020 as a result of the pandemic, although funding has still risen over the past five years, a report showed on Wednesday. Read More
There is growing global momentum around companies making ambitious climate-change commitments, but a corporate tracker said Monday that companies have a long way to go in delivering on these promises.
Fossil gas, burning trees and flying labelled as ‘sustainable’ or ‘transitional’ Brussels – Major concessions to polluting industries under new EU sustainable finance rules, leaked on Monday by Contexte, would stab the EU green deal in the heart, said Greenpeace.
LONDON — The market for bonds that are linked to companies meeting certain environmental goals could grow 20-fold this year to between $120 billion and $150 billion, a senior JP Morgan banker said, as businesses look to tap into booming
(Bloomberg) — A Temasek-backed fund aims to foster growth in impact investing in Asia by striking deals that can do good while still generating a commercial rate of return. Read More
Sustainability bonds issued by sovereign governments in developing and emerging markets offer exciting investor opportunities. The proceeds are used for impact and allow investors to target real change in sectors like health and education. Emerging market specialists describe how it
(Bloomberg) — So-called sustainability-linked bonds have been controversial because they often effectively reward investors when the issuer misses green or social performance goals. One Japanese firm is trying to change that. Read More