Tag: environment

Climate Change
Climate Change March 2022

From Eter we appreciate several news throughout the month of March 22 making this month a month of much movement with 6 relevant news.
On the one hand, Macquarie Group‘s GIG hires Jonathan Cole, from Iberdrola, to lead a new business called Corio Generation, focus on offshore wind energy, which aimed to have a pipeline of 15 GW of wind energy projects in April 2022. In addition, the group are boosting their business worldwide, aiming to reach 228 GW by 2030, a big investment in the wind energy sector.
On the other hand, Iberdrola successfully closed a green bond issue worth 1 billion euros in renewable offshore wind installations in France and Germany. Together with Iberdrola, Bank of AmericaCitiBNP ParibasHSBCBBVASantanderSumitomo Mitsui Banking CorporationIntesa Sanpaolo and ING participated.
The following news, although not from a fund, is from Deloitte and its Survey showing that more and more companies in all sectors are aware of climate change and its impact on investments.
As can be seen and has been seen throughout the months the Canadian government is investing on the issuance of green bonds, being March the month where they are launching a 5,000-million-dollar bond for the financing of green infrastructure and environmental protection projects.
At the end of March, two other important news items were released: on the one hand, the European Union made a proposal to increase the environmental impact categories in the European taxonomy; these changes seek to encourage financing flows and investments in different projects to improve the environment.
Finally, this month, EQT Group announced the pricing of two sustainability-linked bonds for a total of 1.5 billion euros for the companies in its portfolio.

 

links

https://www.esgtoday.com/macquaries-gig-recruits-iberdrolas-jonathan-cole-to-lead-new-dedicated-offshore-wind-business/https://lnkd.in/dAWDY6Kb

https://www.esgtoday.com/iberdrola-successfully-completes-e1-billion-green-bond-issue-despite-european-debt-market-turmoil/

https://www.esgtoday.com/deloitte-survey-companies-mobilizing-on-esg-disclosures-but-data-consistency-challenges-remain/

https://www.esgtoday.com/canada-issues-inaugural-5-billion-green-bond/

https://www.esgtoday.com/eu-taxonomy-overhaul-proposed-with-expanded-environmental-impact-categories/

https://www.esgtoday.com/eqt-links-interest-on-e1-5-billion-bonds-to-portfolio-companies-climate-goals/