Weaker global economic growth, recent regulatory changes in Europe and a downward sentiment among investors on ESG could affect near-term issuance of green, social, sustainability and sustainability-linked bonds (GSSS) in emerging markets, despite the long-term outlook remaining robust, according to the latest research from Amundi. The global economy faces heightened levels of uncertainty, but underlying market drivers are apparent, such…

The Sierra Club has urged institutional investors — particularly asset owners, such as pension funds — to confront climate change as a systemic financial threat to the global economy and long-term portfolio returns in its latest paper. The paper is organised in two parts: first, it explains why climate change must be treated as a system-level financial threat; then, it…

The Private Intermittent Securities and Capital Exchange System (PISCES) has been given the regulatory green light by the FCA. PISCES will be a new trading platform dedicated to shares in private companies. The launch has been confirmed to be on track for later this year, with the FCA detailing the final rules for its operation. The aim of PISCES is…

Building control technology provider Runwise announced that it has raised $55 million, including $30 million in a Series B round, and $25 million in debt financing, with proceeds from the capital raise aimed at scaling its platform to cut building energy costs and carbon emissions. Founded in 2010 by Jeff Carleton, Lee Hoffman, and Michael Cook, New York-based Runwise provides solutions aimed at…

Global accountancy body the Association of Chartered Certified Accountants (ACCA) has called on the European Commission to introduce changes to the Sustainable Finance Disclosure Regulation (SFDR), focused on simplifying and reducing the reporting burdens for financial markets participants under the regulation. In a letter responding to a call for evidence on the SFDR by the Commission, ACCA said that in…

Alternative asset and private equity investor KKR and climate solutions and sustainable infrastructure investment firm HA Sustainable Infrastructure Capital (HASI) announced an agreement by their clean energy-focused co-investment vehicle CarbonCount Holdings 1 LLC (CCH1) to issue $592 million in a private offering of senior unsecured notes. Launched in 2024 as a strategic partnership by KKR and HASI with $1 billion…

Responsible-investment focused asset manager SWEN Capital Partners announced that it has raised €160 million (USD$183 million) at the first close of its SWEN Blue Ocean 2 fund, aimed at investing in startups developing and providing solutions to support the regeneration of ocean biodiversity. SWEN said that it is targeting raising €300 million for the fund, which would position it as…

Most investors globally are shifting focus outside of the U.S. to find climate-related investment opportunities following the election of Donald Trump, and expect the new administration’s policies to negatively impact global net zero progress and their own portfolio decarbonization goals, although many see this impact as only temporary, according to a new survey released by international asset manager Robeco. For…

By: Marian Macindoe, Managing Director for Sustainable Investment Strategy at Parnassus Investments Sustainability is at a crossroads. Today’s environment will test corporate sustainability commitments, the direction of responsible investing, and the regulatory momentum behind environmental and social progress. Investors who navigate these challenges thoughtfully may stand poised to not only mitigate risk but also uncover potential opportunities for long-term value…