As consumers increasingly pay attention to companies’ Environmental, Social and Governance (ESG) responsibilities, C-level roles in sustainability are key to stand out from the competition and pave the way to a green future.
The European Investment Bank (EIB) and the Minister of Economy with ‘Luxembourg Stratégie’ hosted a joint conference entitled “The Twinning Between the Green and Digital Transitions of Luxembourg” on 13 June 2022 presenting the results of the annual EIB Investment Survey (EIBIS) for the Grand Duchy.
The consultancy firm Z/Yen recently published its ninth edition of the Global Green Finance Index (GGFI 9) which evaluates the major financial centers’ green offerings around the world - undoubtedly a valuable reference for policy and investment decision-makers.
Why the war in Ukraine is likely to accelerate Europe’s long-term clean energy transition.
Union Bancaire Privée, UBP SA (UBP) announced that it has widened its emerging market (EM) fixed-income offering with a new ESG sovereign local-currency debt strategy: UBAM - EM Sustainable Local Bond.
On February 11th, the European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published its Sustainable Finance Roadmap 2022-2024. ESMA identifies three priorities for its sustainable finance work: tackling greenwashing and promoting transparency; building National Competent Authorities’ (NCAs) and ESMA’s capacities in the sustainable finance field; and monitoring, assessing and analysing ESG markets and risks.
Led by HSBC, Barclays and BNP Paribas, European banks are continuing to pump money into companies expanding oil and gas production, in clear contravention of climate science, according to non-profit activist group ShareAction.
Quintet Private Bank, headquartered in Luxembourg and operating in 50 European cities, introduced on January 25th the world’s first multi-asset, climate-neutral investment fund. Essential Portfolio Selection (EPS) Quintet Earth, a UCITS fund, combines equal exposure to green bonds and low-carbon equities, offsetting associated carbon emissions through reforestation activities.
Selon une nouvelle étude de Pictet Asset Management et de l’Institut de la finance internationale (Institute for International Finance ou IIF), les émissions d’obligations mondiales labellisées ESG pourraient atteindre 4500 milliards de dollars par an d'ici 2025.
CACEIS, a leading European asset servicing group, has been mandated by Hy24, an investment management firm specialising in Green Hydrogen infrastructure investment to provide custodian bank and registrar services for its first fund.