This week, we found out that Finsif, the Finnish Sustainable Investment Forum, will be awarding scholarships to students interested in researching sustainable investing. Applications open on June 1st! Elsewhere in the Nordics, Danske Bank became the most significant member of the Partnership for Carbon Accounting Financials (PCAF), the first large Nordic Bank to join.
Meanwhile, in Norway, Norfund, the country’s development finance institution, has fallen prey to fraudsters, another story showing why vigilance and safety measures are more important than ever, and that the impact space is no exception.
According to a new report from Share Action, 70% of the world’s largest asset managers do not have a policy to exclude or engage with companies in line with international human rights frameworks. Europeans, however, seem to be better at it than their US counterparts.
Thanks to the acquisition of SAM in January 2020, S&P Global is now launching the S&P Global ESG Scores, which will provide an annual evaluation of over 7,300 companies’ sustainability practices and covers 95% of global market capitalisation.
At the European Banking Federation‘s 130th (video conference) meeting, representatives from national banks of 32 countries reiterated their commitment to assisting society’s struggle against the challenges posed by the Covid-19 pandemic.
Last but not least, demand was strong for a recent SEK5 billion green tap issue by Swedish Kommuninvest.