Vena Energy, one of Asia-Pacific’s leading independent power producers (IPP) and pure renewable energy company, has issued a benchmark USD325 million, five-year 3.133 per cent fixed rate green bond offering (Green Bond) under Regulation S.
ESG & Responsible Investing
Comgest Growth Emerging Markets fund named in top five emerging markets funds for climate performance
Comgest’s Growth Emerging Markets fund has been recognised by Climetrics, a climate impact rating for funds, as one of the top five actively managed emerging markets equity funds for climate performance.
Australia’s mutual fund assets in sustainable investments surged 23.0 per cent year-on-year (y-o-y) to AUD66.8 billion (USD46.7 billion) in 2019, and gathered AUD1.2 billion in inflows over the same period, Cerulli Associates’ estimates show.
Investors should move to a forward-looking view on a company’s commitment to future emissions reduction or its carbon footpath, according to AXA Investment Managers (AXA IM).
The financial industry could lose up to USD1 trillion in the event of major policy shifts that aim to slow climate change, such as levying a carbon tax. However, banks, insurers and asset managers have the opportunity to reduce these risks and increase their earnings potential by reallocating capital to greener companies and investments.
Pension fund investors must be prepared to hold the directors of the companies in which they invest individually accountable on how well they manage climate change risks, the Pensions and Lifetime Savings Association (PLSA) has stated in its updated annual Stewardship Guide and Voting Guidelines.
Market data confirms that the appeal of green bonds is increasing for a broader range of investors, according to NN Investment Partners (NN IP).
Goldman Sachs Asset Management (GSAM) has launched the Goldman Sachs Global Environmental Impact Equity Portfolio, which seeks to generate long-term capital appreciation by providing investors exposure to global companies aligned to key environmental themes.
The challenge UK asset managers face in balancing their fiduciary duty to deliver returns to clients with the growing demand from investors and regulators for investments to be sustainable has intensified recently, according to the latest The Cerulli Edge—Global Edition.
Local Pensions Partnership (LPP), one of the eight LGPS asset pools, has selected Robeco to provide engagement services for its Global Equities and Fixed Income investment portfolios.