Deutsche Bank
New Alliance Creating Metric for Assessing Companies’ Real Value to Society
3 years ago - Alliance founded by eight international companies — including BASF, Deutsche Bank and SAP — to create a standard for measuring and disclosing the real value companies provide to society.
Philips' Sustainability Performance Influences Interest Rate for New Revolving Credit Facility
6 years ago - Royal Philips (Philips), a leader in health technology, has announced an agreement with a consortium of sixteen banks for a new €1 billion Revolving Credit Facility with an interest rate that will be dependent on the company’s year-on-year sustainability performance improvement.
Deutsche Bank, World Bank Pull the Plug on Coal Financing
6 years ago - As the Trump administration threatens to withdraw the US from the Paris Agreement and double up on efforts to revive a slowing fossil fuels industry, the rest of the world is pulling out of coal projects and redirecting investment towards renewables in an effort to make good on climate pledges.
Trending: JPMorgan Chase, Deutsche Bank Rethinking Coal Financing
7 years ago - This week, two major banks made changes to their policies regarding coal financing. The Rainforest Action Network (RAN) acknowledged their progress, but asserted that a great deal more must be done to meet the global commitment made at COP21 in December to limit climate change to 1.5 degrees Celsius.
Bank of America Commits Another $600 Million for Second Green Bond
8 years ago - On Thursday, Bank of America Corporation announced that it has issued its second green bond for $600 million in aggregate principal amount, as part of its ongoing commitment to promoting a low-carbon economy by advancing renewable energy and promoting energy efficiency.
Sustainable Investments Outperforming Traditional Investments, Reports Morgan Stanley
8 years ago - A new report from the Morgan Stanley Institute for Sustainable Investing finds that investing in sustainability has usually met and often exceeded the performance of comparable traditional investments, both on an absolute and risk-adjusted basis, across asset classes and over time. “We believe sustainable investing will be a key in the mobilization of private capital towards addressing global challenges, but the growth and development of this space remains hampered by a lingering perception that sustainable investments require a financial trade-off. Our review addresses the investment performance concern head-on, and the findings are very positive,” said Audrey Choi, CEO of the Morgan Stanley Institute for Sustainable Investing.
Trending: Big Banks Bringing Sustainable Investing Further Into the Mainstream
8 years ago - Investors of every stripe are increasingly using Environmental, Social and Governance (ESG) data to design their portfolios. While pension funds, insurance companies and sovereign wealth funds have led early ESG integration, mainstream banks are following suit with significant commitments to sustainable finance. Last month, several prominent banks announced programs that indicate the further maturation of global environmental finance and the Green Bond market.