Latest stories on Socially Responsible Investments

  • NRW.Bank picks banks for green return

    NRW.Bank announced on Wednesday that it will go on the road at the end of August to market its fifth green bond.

    • 04:15 PM
  • IFC launches first social bond private placement

    The International Finance Corporation (IFC) has extended its newly minted social bond programme into the private placement market. MTN bankers believe the social format could prove more popular in the private market than green bonds.

    • 25 Jul 2017
  • Green buyers stir for EIB Kanga launch

    European Investment Bank launched a lengthy climate awareness bond in Kangaroo format on Monday, as appetite grows for green issuance in the Australian dollar bond market.

    • 24 Jul 2017
  • Federal judge dismisses lawsuits against Renovate America

    A federal judge dismissed a trio of lawsuits this week accusing Property Assessed Clean Energy (PACE) lender Renovate America and its government bond-issuing partners of violating the Truth in Lending Act (TILA) and Home Ownership and Equity Protection Act (HOEPA).

    • 20 Jul 2017
  • Social housing Reit brings IPO despite worries on state support

    In the UK’s lively market for real estate investment trust (Reit) and other fund listings, yet another deal was launched on Thursday. Triple Point Social Housing Reit hopes to raise up to £200m, joining the niche of social housing Reits, which has been growing fast — even though experts are worried government budget cuts could hit the sector’s finances.

    • 20 Jul 2017
  • Greencoat ups Irish wind IPO to €270m

    Greencoat Renewables, the newly created Irish wind farm operator managed by Greencoat Capital, has managed to increase the size of its IPO on the Dublin and London bourses by €20m, after it won demand from around 80 investors.

    • 20 Jul 2017
  • Singapore takes slice of green financing as DBS pioneers

    DBS Group Holdings made a triumphant debut in the green bond market this week, earning bragging rights for the deal’s heavy placement with bona fide green investors. But there is still a long road ahead before Singaporean issuers flock to the market en masse. Addison Gong reports.

    • 20 Jul 2017
  • Barclays makes PACE debut as ABS underwriter

    Barclays is hopping on the Property Assessed Clean Energy (PACE) bandwagon, acting as an underwriter for Renovate America’s latest residential PACE deal.

    • 19 Jul 2017
  • DBS sets new benchmark for Singapore green bonds

    DBS Group Holdings sold Singapore’s inaugural international green bond on Tuesday in style. The strength of its credit, coupled with the green label and a conducive market backdrop, helped the bank print inside the curves of its global peers.

    • 19 Jul 2017
  • Castle Peak goes green with dollar bond debut

    Castle Peak Power Company added to Asia's growing green bond supply this week, raising $500m from its debut in the international debt market.

    • 19 Jul 2017
  • Green mortgages and special pleading

    It’s hard to attack green finance, because its aims are so noble. But when institutions use environmental aims to argue they deserve special subsidies, it tarnishes the whole market. Prudential regulation should stick to being prudential.

    • 18 Jul 2017
  • Azure Power shines light on green deal

    Indian solar company Azure Power Energy is readying investors for a dollar green bond, starting a roadshow this week.

    • 18 Jul 2017
  • Greenko moves India’s green financing forward

    Indian renewable energy firm Greenko Energy Holdings returned to the green debt market this week, printing a $1bn dual-tranche trade — Asia's largest dollar corporate green bond to date.

    • 18 Jul 2017
  • Good work: Asian SRI making steps forward

    Socially conscious investing in Asia has so far concentrated on green bonds and little else. But SRI financing is not just limited to green bonds. By taking a broader approach, Asian borrowers — including sovereigns — can reap serious benefits.

    • 18 Jul 2017
  • DBS, Castle Peak join green bonds onslaught

    Asian green bonds are front and centre this week. Greenko Energy Holdings took the lead with its dollar bond on Monday, with Singapore’s DBS Group Holdings and Hong Kong’s Castle Peak Power Company rolling out their transactions on Tuesday.

    • 18 Jul 2017
  • DBS to go green with debut dollar trade

    DBS Group Holdings is readying Singapore’s first international green bond, mandating firms for its debut in the asset class.

    • 17 Jul 2017
  • EIB sets up green bond 'Rosetta Stone'

    The European Investment Bank (EIB) and other market actors are working on a system to match investors’ views on what is a ‘green’ bond with suitable deals in the market.

    • 14 Jul 2017
  • EU panel calls for European green bond standard, duty of sustainability

    A European green bond standard and a classification system for sustainable assets were two of the suggestions issued on Thursday by a group of experts advising the European Union on how to make the financial system sustainable — one of the commitments in the Paris Agreement, writes Jon Hay.

    • 13 Jul 2017
  • SNCF Réseau EUR750m 2.3% Dec 47 green bond

    • 13 Jul 2017
  • Direct Energie raises €130m in block trade for M&A taking it into renewables

    Direct Energie, the French gas power stations group, raised €130m of new capital on Tuesday evening in a block trade, to finance its acquisition of renewable energy group Quadran for an initial €303m.

    • 11 Jul 2017

SRI special reports

September 2016

China Green Finance Roundtable
  • China shows leadership in global green finance push

    Green finance in China, particularly the domestic green bond market, has taken off this year, in part to the strong policy support from the Chinese government. At a roundtable in early September, GlobalCapital and some of the market’s leading figures discussed the recent developments in China, including incentive schemes and whether the government’s top-down approach to green financing can be replicated by the rest of the world.

SRI 2015 report

Sustainable and Responsible Capital Markets special report

SRI 2014 report

SRI special report

Global Green Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Credit Agricole CIB 3,928.70 27 7.03%
2 BNP Paribas 3,418.65 21 6.12%
3 HSBC 3,412.48 26 6.11%
4 Citi 3,237.66 17 5.79%
5 SG Corporate & Investment Banking 3,029.46 10 5.42%