African Development Bank Group: The African Development Bank successfully priced a dual tranche NOK 500 million 3-year fixed Social Bond and SEK 1.25 billion 5-year fixed Green Bond transaction. The three-year tranche is the very first Social Bond issued in the Norwegian market. It was also the first ever NOK transaction issued by the Bank and the third Social Bond issued under its Social Bond framework.
IPE: The Norwegian government is allowing the country’s NOK9trn (€932bn) sovereign wealth fund (SWF) to invest up to 2% of the fund’s value in unlisted renewable energy infrastructure.
IR Magazine: With the government’s gender pay gap reporting deadline of April 4 only two days away, UK asset management trade body the Investment Association (IA) has today launched a new report that looks into the make-up of the gender pay gap in the asset management sector.
Euractiv: The European Parliament voted on a proposed classification for sustainable assets on Thursday (28 March), voting to exclude nuclear power from receiving a green stamp of approval on financial markets.
Reuters: Generous salary and juicy bonus? Check. Client meetings at private members’ club? Check. Swanky Mayfair office? Check. Company maternity scheme? Maybe, we’ll get back to you.
IPE: Dutch pensions supervisor De Nederlandsche Bank (DNB) has become the world’s first central bank to sign up to the UN’s Principles for Responsible Investment (PRI).
IPE: More than €57bn is now invested in unlisted ‘green’ funds, across infrastructure, private equity, private debt, real estate and forestry, according to research from Novethic.
Investment Europe: Farad Group and Thomas Schumann Capital have launched the first first global responsible investment fund to invest in public companies that embrace water security, exhibit social, environmental and financial responsibility.
IPE: The Financial Conduct Authority (FCA) and the Prudential Regulatory Authority (PRA) hosted the inaugural meeting of their new Climate Financial Risk Forum on 8 March.
IPE: UK church investors have tightened their voting policy on key corporate governance issues ahead of the annual general meetings (AGMs) of some of the country’s largest listed companies.