QuadReal Property Group, the real estate investment arm of the British Columbia Investment Management Corp., is launching a green bond framework. The framework is for financing sustainable investment projects through BCI QuadReal Realty, which is the primary issuing entity of unsecured notes for the BCI’s real estate program Under the framework, net green bond proceeds […]
Green, social and sustainability bond issuance is set to jump by 24 per cent in 2020, according to new data from Moody’s Investor Service Inc. Moody’s is predicting issuances will climb to US$400 billion by the end of the year, up from US$323 billion in 2019. More specifically, the research anticipates green bond issuance will […]
The Nasdaq is launching a publicly available, web-based sustainable bond network. Bond issuers will be able to use the platform to voluntarily publish data and information on their sustainable offerings, aiming to give investors better ability to compare products. At the outset, the network will feature data from certain European and U.S. bond issuers, with […]
The Principles for Responsible Investment has announced the winners of its inaugural awards. In the category of Active Ownership Project of the Year, Platform Living Wage Financials, a group of 11 financial institutions representing over 2.3 trillion euros in assets under management took the top spot, a case study posted on the PRI’s website said. […]
While 17 per cent of current investments by large public corporations are green, fewer than five per cent of corporate green investments in 2017 were financed by certified green bonds, which have the potential to play a bigger role, according to a report by Corporate Knights and the Climate Bonds Initiative. The report, which covered […]
The Canada Pension Plan Investment Board is issuing its first Euro-denominated green bond. The one billion Euro sale of 10-year fixed-rate notes aims to help the CPPIB invest in relevant, environmentally conscious assets, including renewable energy projects in wind and solar, water and wastewater management and certified green real estate. It’s also a way for the CPPIB to […]
Considering environmental, social and governance factors has traditionally been associated with equities, but demand for ESG in fixed income is starting to outstrip the supply of products available, according to new research by Cerulli Associates focused on Europe. “The inclusion of ESG factors in fixed income is becoming more widespread, with ESG data and ratings […]
After the Paris Accord, how can green bonds help your portfolio?