Green Business

According to Héléna Charrier, director of responsible investment projects at Caisse des Dépôts, Caisse des Dépôts and its subsidiary Bpifrance also want to support the decarbonisation of their investment portfolios in unlisted companies...

A shrinking proportion of Varma’s investments are in companies that are dependent on fossil energy sources and in corporate bonds that invest in them. This was also found in a WWF report that assesses global pension funds’ commitment to climate targets.

As part of its strong commitment to the fight against climate change, a few days ahead of COP 24, CNP Assurances announces new goals to reduce its exposure to thermal coal, the energy source that emits the most greenhouse gases.

MSCI ESG Research downgraded Nissan from ’B’ to ’CCC’ on September 10, 2018, the lowest industry-relative rating on the scale of ’CCC’ to ’AAA’. The downgrade was primarily attributed to systemic failures in governing its corporate behavior.

Nomura Securities Co., Ltd., a wholly owned subsidiary of Nomura Holdings, Inc., announced that it has priced a Green Bond 1 offering for the Tokyo Metropolitan Government. The offering consists of a 5-year and 30-year tranche, valued at 5 billion yen each. Nomura acted as bookrunner for the offering.