UNEP FI

MHI Concludes Nissay Positive Impact Finance Agreement

Retrieved on: 
Friday, February 9, 2024

TOKYO, Feb 9, 2024 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has concluded a Nissay Positive Impact Finance (Note1) agreement with Nippon Life Insurance Company (Nippon Life) (contract amount: JPY 6.0 billion yen).

Key Points: 
  • TOKYO, Feb 9, 2024 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has concluded a Nissay Positive Impact Finance (Note1) agreement with Nippon Life Insurance Company (Nippon Life) (contract amount: JPY 6.0 billion yen).
  • Positive Impact Finance (PIF) is a loan intended to provide continuous support for corporate activities while comprehensively analyzing and evaluating the impacts (both positive and negative) that those activities have on the environment, society, and the economy, based on the Principles for Positive Impact Finance and implementation guidelines formulated by the United Nations Environment Programme Finance Initiative (UNEP FI).
  • The Principles for Positive Impact Finance, formulated by the UNEP FI in January 2017, is a financial framework for achieving SDGs.
  • (1) Nissay Positive Impact Finance is ESG-themed investment provided by Nippon Life.

Altus Power to Participate at Upcoming Consumer Electronics Show, the CRREM – UN Environment Programme Finance Initiative Webinar Series and the Needham Growth Conference

Retrieved on: 
Wednesday, January 10, 2024

D’Agostino will be sharing the best practices of commercial decarbonization, particularly the role of locally-sited solar.

Key Points: 
  • D’Agostino will be sharing the best practices of commercial decarbonization, particularly the role of locally-sited solar.
  • Altus Power’s portfolio across 25 states serves enterprises committed to achieving carbon reduction goals, anchored by the company’s distributed solar arrays.
  • As one of the pioneers of Community Solar, Altus Power currently serves more than 20,000 subscribers nationwide.
  • Select presentations will be available on the Altus Power website at: https://investors.altuspower.com/overview/default.aspx .

Bloomberg Integrates United Nations Framework to Assess Potential Company Impact on Sustainable Development Goals

Retrieved on: 
Monday, November 27, 2023

NEW YORK, Nov. 27, 2023 /PRNewswire/ -- Bloomberg today announced the launch of a first-of-its-kind tool that investors can use to assess the potential impact of a company's business on any of the United Nations' 17 Sustainable Development Goals (SDGs). UN member states adopted the SDGs as key pillars to achieve peace and prosperity for people and the planet by 2030.

Key Points: 
  • NEW YORK, Nov. 27, 2023 /PRNewswire/ -- Bloomberg today announced the launch of a first-of-its-kind tool that investors can use to assess the potential impact of a company's business on any of the United Nations' 17 Sustainable Development Goals (SDGs).
  • The market for impact investing surpassed USD $1 trillion in assets worldwide in 2021, according to the Global Impact Investing Network .
  • Yet, the UN estimates the funding gap to achieve the SDGs by 2030 at USD $2.5-3 trillion per year for developing countries ( UN Sustainable Development Group ).
  • The resource maps more than 500 sectoral activities to 38 impact topics and the SDGs, distinguishing between positive and negative impact a company may have on the environment, people and economic development.

Ping An triumphs at BDO ESG Awards-- "Outstanding ESG Performance of H-share Companies Awards"

Retrieved on: 
Friday, October 13, 2023

The recognition is testament to Ping An's outstanding performance in environmental, social and governance ("ESG") practices and performance.

Key Points: 
  • The recognition is testament to Ping An's outstanding performance in environmental, social and governance ("ESG") practices and performance.
  • The BDO ESG Awards started in 2018 in Hong Kong to promote corporates' social responsibility to integrate sustainability into business models.
  • It honours the companies that have outstanding performance and made positive impact in the areas of ESG.
  • With its robust sustainability strategy, Ping An has incorporated core philosophies and standards of ESG into its corporate management.

Ping An triumphs at BDO ESG Awards-- "Outstanding ESG Performance of H-share Companies Awards"

Retrieved on: 
Friday, October 13, 2023

The recognition is testament to Ping An's outstanding performance in environmental, social and governance ("ESG") practices and performance.

Key Points: 
  • The recognition is testament to Ping An's outstanding performance in environmental, social and governance ("ESG") practices and performance.
  • The BDO ESG Awards started in 2018 in Hong Kong to promote corporates' social responsibility to integrate sustainability into business models.
  • It honours the companies that have outstanding performance and made positive impact in the areas of ESG.
  • With its robust sustainability strategy, Ping An has incorporated core philosophies and standards of ESG into its corporate management.

New Guidance on Blue Bonds to Help Unlock Finance for a Sustainable Ocean Economy

Retrieved on: 
Wednesday, September 6, 2023

Released today, the voluntary guidance provides market participants with clear criteria, practices, and examples for “blue bond” lending and issuances.

Key Points: 
  • Released today, the voluntary guidance provides market participants with clear criteria, practices, and examples for “blue bond” lending and issuances.
  • The Guidance builds on the existing global market standards that underpin the global sustainable bond markets and also draws on pre-existing specific blue guidance: ICMA Green Bond Principles , UNEP FI's Sustainable Blue Economy Finance Principles and associated Blue Finance Guidance , the UN Global Compact's Practical Guidance to Issue a Blue Bond and Sustainable Ocean Principles , the Asian Development Bank's Ocean Finance Framework and Green and Blue Bond Framework , and the IFC's Guidelines for Blue Finance .
  • ICMA: “We are very pleased to support this global practitioner's guide for bonds to finance the sustainable blue economy.
  • Green bonds that focus on blue projects, also known as “blue bonds”, have great potential to expand the pool of capital market finance dedicated to the blue economy,” said Nicholas Pfaff, Deputy CEO and Head of Sustainable Finance, ICMA.

Ping An Group Co-CEO: Technology Key to ESG Monitoring and Compliance for Business

Retrieved on: 
Tuesday, June 13, 2023

Focusing on ESG for the business, clients and employees

Key Points: 
  • Focusing on ESG for the business, clients and employees
    "Simply put, [ESG] is important for our clients, and it's important, therefore, for our business and increasingly important for our employees," Ms. Tan said.
  • "Technology can have a role whereby it reduces the cost of monitoring and compliance, particularly for smaller enterprises."
  • Ping An also partnered with FTSE Russell to launch the FTSE Ping An China ESG Index Series in 2022, combining Ping An's proprietary ESG data and ratings into FTSE Russell's leading China indices.
  • Ping An is involved in a range of global initiatives to bring best practice in ESG to China.

Ping An Group Co-CEO: Technology Key to ESG Monitoring and Compliance for Business

Retrieved on: 
Tuesday, June 13, 2023

Focusing on ESG for the business, clients and employees

Key Points: 
  • Focusing on ESG for the business, clients and employees
    "Simply put, [ESG] is important for our clients, and it's important, therefore, for our business and increasingly important for our employees," Ms. Tan said.
  • "Technology can have a role whereby it reduces the cost of monitoring and compliance, particularly for smaller enterprises."
  • Ping An also partnered with FTSE Russell to launch the FTSE Ping An China ESG Index Series in 2022, combining Ping An's proprietary ESG data and ratings into FTSE Russell's leading China indices.
  • Ping An is involved in a range of global initiatives to bring best practice in ESG to China.

The EDB joins the United Nations Environment Programme Finance Initiative

Retrieved on: 
Monday, February 20, 2023

The Eurasian Development Bank is the first multilateral development bank in its region of operations to join the United Nations Environment Programme Finance Initiative (UNEP FI) as a supporting institution.

Key Points: 
  • The Eurasian Development Bank is the first multilateral development bank in its region of operations to join the United Nations Environment Programme Finance Initiative (UNEP FI) as a supporting institution.
  • UNEP FI is a partnership between UNEP and the global financial sector with the core mission of integrating sustainability in the value chain and contributing to the United Nations Sustainable Development Goals.
  • The EDB’s participation in the financial community established by the United Nations reaffirms its commitment to sustainable development and responsible finance, as well as international environmental and social standards.
  • The Eurasian Development Bank (EDB) is an international financial institution promoting integration and development in its member countries.

Canadian Institute of Actuaries joins United Nations initiative on financial sustainability

Retrieved on: 
Wednesday, January 11, 2023

The initiative connects the United Nations with financial institutions worldwide to help shape a sustainable financial agenda.

Key Points: 
  • The initiative connects the United Nations with financial institutions worldwide to help shape a sustainable financial agenda.
  • Through this collaboration, UNEP has established sustainability frameworks that examine global environmental, social and governance challenges through a financial lens.
  • In joining this initiative, the CIA aims to share its expertise on a national and global level by helping financial institutions address sustainability targets and implement sustainability frameworks, and by undertaking thematic research, providing guidance and supporting communities of practice.
  • The Canadian Institute of Actuaries (CIA) is the qualifying and governing body of the actuarial profession in Canada.