Latest stories on Socially Responsible Investments

  • Amundi to take top spot in sustainability ratings

    Oekom Research, the sustainability ratings agency, has given only 7% of the asset managers and securities brokerages it assessed a Prime rating, in an unpublished report seen by GlobalCapital.

    • 20 Feb 2018
  • IRFC has 'fingers crossed' for $250m 10 year loan

    Indian Railway Finance Corp has approached offshore lenders for a financing of up to $250m-equivalent in Japanese yen. But the company may struggle to generate demand from maturity-shy Japanese lenders, said a banker familiar with the deal.

    • 20 Feb 2018
  • Peru stock exchange plots green bond initiative

    The UK Embassy in Peru and Bolsa de Valores de Lima (BVL), the Lima Stock Exchange, have launched plans for what would be the first green bond market in South America, following a similar initiative in Mexico.

    • 20 Feb 2018
  • World Bank lands in Swedish kronor for sustainable bond

    The World Bank has raised Skr1.2bn ($150.2m) with a five year sustainable bond, following up a $350m private placement sold to Folksam Group last week.

    • 19 Feb 2018
  • Siemens Health brings trophy IPO to wary market

    Siemens has begun the IPO process for the highly anticipated spin-off of its health division, Siemens Healthineers, by releasing its intention to float document.

    • 19 Feb 2018
  • Madrid scores with SRI bond, coaching others on tactics

    The Autonomous Community of Madrid this week made a triumphant second visit to the socially responsible investment (SRI) market as it printed a deal double the size of its debut last year. Further issuance from the borrower — in conventional and SRI format — is likely to come soon, although in private placement (PP) format. But there may be further SRI issuance from some of Madrid’s Spanish peers.

    • 15 Feb 2018
  • Madrid EUR1bn 1.773% Apr 28 sustainable bond

    • 15 Feb 2018
  • World Bank SDG bond marks SRI broadening

    The World Bank’s Sustainable Development Goal (SDG) themed bond could mark a sea change as socially responsible investors broaden their focus from environmental issues to the wider universe of sustainable assets, particularly focused on the UN’s SDGs.

    • 15 Feb 2018
  • Investors slam banks for superficial approach to climate risk

    A group of more than 100 investors managing nearly $2tr in assets said in a report this week that banks had put up only ‘skin deep’ efforts to capture the risks and opportunities associated with climate change.

    • 15 Feb 2018
  • ANZ raises €750m as interest in sustainable bonds begins to grow

    ANZ sold what it said was the first issue of a bond aligned to UN Sustainable Development Goals (SDGs) in euros this week, raising €750m of new funding.

    • 15 Feb 2018
  • Climate risk is worth stressing about

    Central banks have been tweaking and improving their stress testing models in recent years. But these schemes are already long overdue using a climate risk scenario.

    • 15 Feb 2018
  • Ganfeng Lithium seeks greenlight for HK IPO

    Ganfeng Lithium Co, the world’s largest producer of lithium metals, filed a draft IPO prospectus with the Hong Kong Stock Exchange on Wednesday. It is looking for approval to list in the city after getting the OK from the Chinese regulator in early February.

    • 15 Feb 2018
  • World Bank deal heads SDG bond trend

    The World Bank’s Sustainable Development Goal (SDG) themed bond could mark a sea change as socially responsible investors broaden their focus from environmental issues to the wider universe of sustainable assets, particularly focussed on the UN's SDGs.

    • 14 Feb 2018
  • Tax reform presents obstacle for residential PACE ABS

    A trio of changes in the recently signed US tax reform package could lead to shrinking origination volumes of residential Property Assessed Clean Energy (PACE) liens, and speed up prepayments on existing PACE securitizations, analysts at Morningstar Credit Ratings cautioned this week.

    • 13 Feb 2018
  • Universities target 'patient' investors to buy into innovation

    The worlds of academic research and finance are increasingly merging, as “patient capitalists” look to invest in university spin-outs for social impact and returns — and some equity investors and SRI funds are taking note.

    • 13 Feb 2018
  • ECBC launches EeMAP public consultation

    The European Covered Bond Council (ECBC) has launched a consultation seeking market feedback on draft guidelines for a standardised European energy efficient mortgage.

    • 12 Feb 2018
  • Fannie Mae’s surge makes green MBS a big market

    Fannie Mae has quietly become a powerhouse in green securitization. In 2017 it issued $27.6bn of green mortgage-backed securities, dwarfing all other issuance ever.

    • 11 Feb 2018
  • Umicore raises €891.5m despite difficult markets

    Umicore, the Belgian materials technology and recycling group listed on Euronext Brussels, braved volatile equity markets on Thursday to raise €891.5m of new equity.

    • 09 Feb 2018
  • Unifin continues microfinance run in tough conditions

    Mexican non-bank lender Unifin made its second bond market outing of the year on Thursday with a senior unsecured deal that came at the wide end of initial price thoughts.

    • 08 Feb 2018
  • Belgium’s Green OLO to fund rail transport

    Rail travel will be the centrepiece of the Belgian government’s green bonds, the framework for which was revealed on Thursday morning at meetings in Brussels.

    • 08 Feb 2018
  • US RMBS to escape downgrades from hurricane impact, says Fitch

    Regions in the US hit by hurricanes in August and September are recovering at a rate that will likely spare residential mortgage bonds from downgrades, said Fitch Ratings on Thursday.

    • 08 Feb 2018
  • RusHydro opens Eurorouble bond market to take Rb20bn

    RusHydro, the Russian hydroelectric power generator, issued the first local currency Eurobond of 2018 with a three year note on Thursday. Bond bankers said that internationally cleared local currency bonds would gain increasing traction this year.

    • 08 Feb 2018
  • Italo shareholders pushed management to dump IPO for higher PE offer

    Italian high speed train operator Italo pulled its IPO on Wednesday night, the day before the syndicate was due to release a price range, of €1.5bn to €1.6bn, in order to take a €1.98bn offer from New-York based private equity firm Global Infrastructure Partners.

    • 08 Feb 2018
  • Novartis suffers no equity hangover for long bonds

    A plunge in global stock prices at the start of the week only closed the European investment grade corporate bond market for a day before Novartis attracted €6.5bn of combined demand for a triple tranche offering.

    • 08 Feb 2018
  • Shaken but not deterred: Lat Am quake cover drives largest World Bank cat bond

    The World Bank has priced $1.36bn of catastrophe bonds to provide earthquake protection to Mexico, Chile, Colombia and Peru, despite bondholders losing their principal on Mexico’s last cat bond after a quake in September.

    • 08 Feb 2018

SRI 2017 report

SRI 2016 report

China Green Finance Roundtable 2017

China Green Finance Roundtable

  • Waking up to reality: the race to put numbers on climate risk

    Sustainability is a term used liberally and vaguely in the financial world. But it has a precise meaning: living so that we do not make it harder for future generations to live. That principle is violated by today’s economy, including its financial markets. But little by little, the heart of markets — the decisions investors make — is facing up to what it has long repressed. Jon Hay reports.

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 SEB 760.45 2 6.35%
2 HSBC 731.84 5 6.12%
3 JPMorgan 620.58 5 5.19%
4 UniCredit 593.11 4 4.96%
5 ING 576.10 4 4.81%