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Data center and digital infrastructure company Equinix announced today that it has issued €1.15 billion) in greenbonds, with proceeds aimed at financing green projects at the company including renewable energy and decarbonization solutions. billion (USD$1.21 billion total issuance to date, the company said.
NextGenerationEU was launched by the Commission in 2021 as an €800 billion recovery program, established in response to the COVID-19 crisis, aimed at supporting the economic recovery through investments geared towards making the EU “greener, more digital and more resilient.” million tons, ahead of the 44.2 million ton estimate last year.
Digital technology, green finance in vogue among fashion’s sustainability trendsetters. Digital technology will play a pivotal role in addressing information transparency and environmental reporting in the fashion industry by facilitating data collection along the supply chain. Phylicia Wu. Wed, 08/05/2020 - 01:00.
The Government of the Hong Kong announced that it has issues approximately HK$6 billion (USD$765 million) of digitalgreenbonds, with the issuance including bonds denominated in HK dollars, Renminbi, US dollars and euros, making it the first multi-currency digitalbond offering in the world.
DESCRIPTION: November 16, 2022 /3BL Media/ - Lenovo Group (HKSE: 992) (ADR: LNVGY) is pleased to report that its greenbond has been included in the Bloomberg MSCI GreenBond Index, one of the most important global benchmarks for institutional Environmental, Social, Governance (ESG) funds. Find out more here: [link].
This is supported by findings published in their most recent report (2021), which described a 21% increase in emerging market (ex-China) greenbond issuances from 2019 and a total of $40billion emerging market greenbond issuances in 2020. What is the potential of greenbonds to address this imbalance?
Information and communication technology company Ericsson announced today the completion of its inaugural greenbond issuance, raising €500 million to investments in energy efficiency initiatives.
Issuance volumes of green, social, sustainability and sustainability-linked (GSSS) bonds rebounded strongly in Q1 2023, resuming double-digit growth trends after falling 18% in 2022, according to a new report from Moody’s Investors Service. Non-financial corporate issuance in the U.S.
"We shifted course dramatically in 2015, realizing that the only way forward to run a viable sustainable company is by choosing the sustainable way, that is, helping decarbonize our economy, digitize our infrastructure and electrify consumption," he offered. Carrot and stick. And the market responded.
JPX intends to issue the bond to help it achieve carbon neutrality, while enabling investors to track its progress over time. Japan Exchange Group (JPX), owner of the Tokyo Stock Exchange, is exploring the possibility of issuing tokenised greenbonds as a way to raise funds to achieve carbon neutrality across the group.
The European Investment Bank (EIB) has raised SEK1 billion ($93 million) from the first "digitalgreenbond" in Europe, which was issued through an open source platform developed by SEB and Crédit Agricole CIB (CA-CIB).
So how long will it be until crypto earns its green credentials? Green investments are assets like bonds that pay for projects with positive environmental and social outcomes. Crypto investments on the other hand are widely seen as environmentally unfriendly, mainly because of crypto mining and the huge energy it demands.
Société Générale has raised €10 million ($11 million) from its first digitalgreenbond using blockchain, which the French bank said was a "first step" towards using blockchain as a sustainability impact data and certification tool for greenbond issuers and investors.
Morgan Launches New Digital ESG Platform for Investors. Guest Post – A New Approach: Digitizing Climate Action. Mizuho Issues €800 Million GreenBond to Finance Environmental Projects. This week in ESG news: BlackRock hits back at anti-ESG politics; J.P. Government & Regulators. ESG Services and Tools.
Greenbonds Corporations can issue greenbonds to raise funds for new and existing projects with environmental benefits. These bonds are dedicated to financing or refinancing projects related to renewable energy, energy efficiency, sustainable waste management, clean transportation, and water conservation.
Singapore-based Metaverse Green Exchange and the Beijing Green Exchange will also establish a technology-focused workstream aimed at facilitating sustainable finance adoption, including an initiative to pilot digitalgreenbonds with carbon credits.
Key investment themes include: Smart water management Companies developing leak detection, digital metering, and AI-driven water efficiency solutions are seeing increased investor interest. These technologies help optimise water use, particularly in urban environments where aging infrastructure leads to excessive waste.
Themed “Zero in on Future Value”, the digital report communicates CDL’s progress towards its material Environmental, Social and Governance (ESG) goals and targets under the CDL Future Value 2030 Sustainability Blueprint. Leveraging Green Finance to Accelerate Low-Carbon Solutions. billion – one of Singapore’s largest green loans.
The data collection will be carried out for the first time in 2024 and only at larger institutions (supervisory categories 1 to 3) Australian Treasury launches greenbond framework The Australian Office of Financial Management and federal Treasury issued Australia’s GreenBond Framework.
At the time, a green loan linked to sustainability targets of $150 million was signed to finance digitalization and energy efficiency improvements in the electricity distribution networks operated by Iberdrola’s subsidiary in Brazil. In December, Iberdrola announced a €5.3
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements SBTi Says Number of Companies Setting Validated Climate Targets Doubles in Past Year US Postal Service Sets New Climate, Circular Economy Goals Guest Post: US Corporations Can Be a Driving Force in the Fight Against (..)
Themed “Zero in on Future Value”, the digital report communicates CDL’s progress towards its material Environmental, Social and Governance (ESG) goals and targets under the CDL Future Value 2030 Sustainability Blueprint. Leveraging Green Finance to Accelerate Low-Carbon Solutions. billion – one of Singapore’s largest green loans.
The Climate Bonds Initiative, for example, recently expanded its greenbond taxonomy to cover adaptation and resilience. While there’s still a long way to go in terms of mobilising adaptation finance, financial institutions are proactively asking to be part of the solution.
AXA said that it has also activated a new customer engagement campaign to plant trees worldwide on behalf of customers who have downloaded and are registered for its insurance and health service digital platform, “Emma by AXA”, from now until the end of the year. billion to support sustainable forest management.
In its “Making sustainability more inclusive” category, the HKMA included a goal to support high-quality and comprehensive sustainability disclosures, with planned actions to enrich climate disclosure toolkits for banks and their clients and to use technology to enhance the accessibility and usability of data and disclosure tools.
A new way to fund sustainability and renewable energy investments is through greenbonds. According to the Environmental Finance Bond Database , in 2020, “green, social and sustainability-linked bond issuances surpassed $600 billion, nearly double from the year before.
NBK recently established Sustainable Financing Framework, aligned with the GreenBond Principles (GBP), Social Bond Principles (SBP) and Sustainability Bond Guidelines (SBG), [ICMA, June 2021]. Key Highlights in 2022: Diversity, Equity & Inclusion: 44.0% females in the workforce, 29.3% females in managerial positions.
A key milestone along the path to net zero is a 30 percent reduction in GHG emissions by 2030, and at DSM we have committed to enable double-digit, on-farm reduction of livestock emissions within that same timeframe.
For example, ESG-labelled bond issuances are booming, including greenbonds that enable proceeds to be invested directly into sustainable projects. Within nontraditional assets, investors can increasingly access sustainable investments in digital infrastructure or in renewable power generation.
Fixed Income “Green” and Sustainability Linked Bonds (SLB) : Bonds dedicated to financing renewable energy, corporate investments in “brown to green” transformation and sustainability initiatives have proven popular and sound like a possible avenue to invest for impact.
This means that blockchain can support the issuance of greenbonds or new instrument classes where ESG provenance is an essential characteristic. Since the provenance of digital assets is easily traceable, this increases trust among all market participants.
He joins the firm from the UK government’s Department for Business, Energy and Industrial Strategy, where as Head of Financing Green he led work on the UK’s inaugural sovereign greenbonds, green gilts and on the UK Infrastructure Bank.
However, there are other funding solutions, such as providing impact finance to clean cookstove manufacturers and distributors through equity investments or greenbonds. ATEC verifies the carbon impact of its stoves by digitally measuring and recording their usage through a SIM card-enabled stove top.
Uruguay must encourage and advance the strategic use of data and digital technologies towards improving its policies for sustainable development. Uruguay has already started to move in this direction, initiating the country’s first private issuance of greenbonds to finance sustainable investment portfolios.
Whether that takes the form of pro-bono consulting with a nonprofit or social enterprise, hosting design-thinking workshops, or mentoring future STEM students, employees have the agency and support to do good and give back through the power of Avanade’s workforce and expertise in digital innovation. Developing the Next Generation of Leaders.
Listed real estate companies have raised over €40 billion through greenbonds and are using this investment to finance a more sustainable built environment. Fortunately, the industry is already making bold strides towards reducing its climate impact and much of this is backed by the listed real estate sector.
A digital economy is the future and the region must look at ways to improve access and make it available to all. Tools like green budgets, greenbonds, macroeconomic modeling, and fiscal policies were discussed as well as how to promote the involvement of private sector.
“As public institutions, we need to go the extra mile to make our value proposition attractive for private investors and drive investment in climate, energy, health, food security, digital solutions that will create impact and ultimately boost prosperity.” Getting the right blend Despite its de-risking intentions, this kind of blended finance initiative (..)
The fund gives investors exposure to ethical investment opportunities across three core themes: digital transformation, health and wealth, and sustainable planet. Global Equity Opportunities fund has been launched by Architas , an asset manager owned by AXA Group. It is classified as an Article 9 fund under SFDR. “By By launching the E.P.I.C
Some of that money needs to be channelled towards scaling up the emerging infrastructure technologies, companies and assets across critical sectors, such as digital infrastructure like small cells and green data centres, battery storage, electric vehicle charging and waste management.
Expanded green financing streams with S$500 million green loans for new developments and S$250 million SDG Innovation Loan, a first-of-its-kind innovation-focused sustainability-linked loan City Developments Limited (CDL) has released its Integrated Sustainability Report (ISR) 2020 "Changing the Climate. Changing the Future.",
Since joining TD, he has spearheaded the $500-billion Sustainable & Decarbonization Finance Target 2 and leads the TD Sustainable Bonds program, with several-hundred-million dollars aimed at projects that promote climate change mitigation and adaptation across North America – winning Environmental Finance’s GreenBond of the Year in 2024.
AXA Investment Managers ’ new Dynamic GreenBonds fund aims to generate revenue and growth over the long term, as well as financing the transition to a low carbon economy, by investing in greenbonds aligned with the firm’s proprietary framework.
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