Crédit Agricole top stories

• ESG: the filter that lets everything through

  

  Deliveroo and its shareholders raised £1.5bn this week. The IPO was a dog, priced at the bottom of its range and falling 20% on its debut. But it’s hard to feel sympathy for the investors.

  • 31 Mar 2021

• KNOC bond clashed with banks’ own climate policies, NGO charges

  

  An environmental activist institute has argued that the bookrunners of a Korea National Oil Corp $700m bond priced on Tuesday are being inconsistent with their own climate policies, and might even be taking legal risks, because of the issuer's exposure to tar sands oil production in Canada.

  • 30 Mar 2021

• BlackRock and Amundi: climate actions to speak louder than words

  

  BlackRock and Amundi, the largest asset managers in the US and Europe, have both published policies on how they intend to engage with companies about climate change. After widespread criticism, BlackRock has moved a long way towards a more proactive stance, but it is not clear yet that either firm is prepared to get really tough with high carbon emitters — especially in their passive portfolios.

  • 25 Feb 2021

• Amundi builds on work catalysing EM green bonds

  

  European asset manager Amundi is launching an open-ended fund for institutional and retail investors that will buy hard currency green bonds issued by emerging markets issuers.

  • 15 Feb 2021

• People moves in brief

  

  Loynes extends syndicate responsibilities at Crédit Agricole — CS's equity sales head to join Citi — Flori starts at CEB funding team

  • 07 Jan 2021