Latest news with #SustainableFinance


CNA
09-07-2025
- Business
- CNA
Professor Johan Sulaeman on Temasek's and MAS' green investments
Singapore's state investor Temasek and the central bank both released their sustainability reports on Jul 9. The portfolio value of Temasek's green investments is up S$2 billion to reach S$46 billion. This accounts for about 11 per cent of its total portfolio value, slightly lower than the 12 per cent in the last financial year. Meanwhile, the Monetary Authority of Singapore (MAS) has changed its approach to green investments in a bid to lower financial risks and boost resilience. Professor Johan Sulaeman, Director of the Sustainable and Green Finance Institute at the National University of Singapore, discusses MAS and Temasek's green investments. He talks about how the change in the central bank's investment approach will help minimise financial risks and boost resilience. He also shares what the state investor can do to stay nimble to meet sustainable targets.


Zawya
09-07-2025
- Business
- Zawya
Oryx Global Partners secures Fund Manager License and signs the Abu Dhabi Sustainable Finance Declaration
London, Abu Dhabi – Oryx Global Partners ('Oryx'), the investment firm dedicated to facilitating the energy transition and securing supply chains through strategic investments in the minerals value chain, announces that it has secured a Category 3C (CAT3C) fund manager license from the Financial Services Regulatory Authority (FSRA) of ADGM, and signed the Abu Dhabi Sustainable Finance Declaration. Highlights: Oryx invests in the minerals value chain, targeting critical and strategic minerals assets in favorable jurisdictions where they can create a positive impact. Oryx secured the Category 3C fund manager license from the FSRA of ADGM, providing a robust regulatory framework for Oryx to manage investment funds and portfolios, whilst leveraging Abu Dhabi's exceptional infrastructure and global connectivity. By signing the Abu Dhabi Sustainable Finance Declaration, Oryx reinforces its position as a pioneer of responsible and sustainable practices in the minerals investment space, creating value for its investors and broader stakeholders. The license enables Oryx to manage investment funds and portfolios, with their focus on advancing responsible and sustainable investment strategies in the minerals value chain, targeting critical and strategic minerals assets, in favorable jurisdictions. ADGM has established itself as a leading hub for innovation in finance, committed to fostering a financial ecosystem that is trusted and progressive. The fastest growing financial center in the region, it is home to almost 150 asset and fund managers and almost 3,000 operational entities [1]. Oryx benefits from ADGM's infrastructure as well as its strategic location and connectivity to both Eastern and Western markets, allowing the team to reach its key markets and investors with relative ease. Reinforcing its commitment to responsible and sustainable investing, Oryx has also signed the Abu Dhabi Sustainable Finance Declaration. This voluntary initiative launched by ADGM brings together financial institutions and industry leaders to drive sustainable finance and growth. By joining this collective effort, Oryx affirms its dedication to working collaboratively to achieve the United Nations Sustainable Development Goals (SDGs) and advance the sustainable finance industry. Zeno van Gils, Managing Partner of Oryx, said: 'We are proud to have secured our fund manager license in ADGM, which marks a significant step in our mission to facilitating the energy transition and securing supply chains through strategic investments in the minerals value chain. 'We'd like to thank ADGM for the efficient process and their support as we worked through the license application. ADGM provides us with a strong regulatory framework, access to a global financial hub, and a strategic location at the heart of international commerce and investment. We are excited to work in this well-established and dynamic region.' Paul Schaffer, Managing Partner of Oryx, said: "Signing the Abu Dhabi Sustainable Finance Declaration reflects our commitment to responsible and sustainable investing, which has been at the heart of Oryx's strategy from the outset. We look forward to supporting ADGM's work in promoting sustainable practices within the finance industry.' Arvind Ramamurthy, Chief Market Development Officer, ADGM, said: 'Oryx Global Partners' focus on advancing sustainable investment strategies aligns well with ADGM's commitment to a responsible, world-class business environment. We look forward to supporting Oryx's efforts as they contribute to the Abu Dhabi financial ecosystem and the growth of a resilient global economy." [1] ADGM, February 2025: About Oryx Global Partners Limited Oryx Global Partners is a specialist investment firm dedicated to securing supply chains and facilitating the energy transition through strategic investments in the minerals value chain. The Oryx team, composed of financial, technical, and operational experts with extensive resources and investment management experience, utilizes a proven investment process to identify high-quality investments and deliver significant operational value-add. Oryx is committed to delivering market leading returns to its investors and a net positive impact through its operations. Their responsible and sustainable approach enables Oryx to create lasting value through industry that benefits both its investors and broader stakeholders. Media contacts Camarco: oryx@ Georgina Whittle Amrith Uppuluri
Yahoo
01-07-2025
- Business
- Yahoo
Pioneering Impact Strategy, Record EM Sustainable Finance (EMSF), Celebrates Its Fourth Anniversary With Strong Outperformance Since Inception
LONDON, July 01, 2025--(BUSINESS WIRE)--Record Currency Management, in partnership with UBS Wealth Management, is proud to celebrate the fourth anniversary of its pioneering Emerging Market Sustainable Finance (EMSF) Strategy. Operating at the intersection of impact investing, Emerging and Frontier Market currencies and private placements, the strategy offers investors an opportunity to achieve financial returns, alongside measurable impact. Since inception, EMSF has grown to over U$1 billion in AUM and delivered positive returns of +18.7% since inception. The strategy has significantly outperformed both USD and local currency EM Debt benchmarks with around 30% lower volatility - reaffirming that investors need not compromise between financial returns and measurable impact. By taking currency risk across a wide universe of emerging and frontier currencies, EMSF helps MDBs and DFIs raise local currency funding. This allows borrowers in Emerging Markets to receive funding in local currency, eliminating FX risk. Simultaneously, the strategy directly supports the financing of development projects through its investments in bond instruments issued by MDBs and DFIs with active operations in Emerging Markets. "The need for capital in Emerging and Developing Economies continues to grow as we approach the 2030 deadline for achieving the UN Sustainable Development Goals. It is now estimated by the UN that an additional US$5-7 trillion of annual private sector funding is required to meet the SDGs by 2030. Innovative sustainable finance solutions, such as EMSF, have a vital role to play in bringing private investors into the development finance marketplace. We are proud to have delivered tangible impact and strong outperformance relative to Emerging Market Debt benchmarks, demonstrating that you don't need to sacrifice returns to do good. We remain committed to helping MDBs and DFIs with their local currency operations in Emerging and Frontier Markets." – Andreas Koester, Head of EM and Frontier Investments. About Record Founded in 1983, Record is a specialist currency and asset manager offering best-in-class bespoke products to large global investors. The Group manages over US$100bn AUM for 140 institutional clients worldwide across FX Risk Management, Absolute Return and Private Markets. View source version on Contacts For further information please contact:Andreas Koester, CEO, EM and Frontier InvestmentsTel: +44 (0) 1753 852 222ClientTeam@


Al Bawaba
25-06-2025
- Business
- Al Bawaba
Bank ABC named ‘Best Digital Bank' and ‘Best Bank for Sustainable Finance' in Bahrain at Euromoney Awards for Excellence 2025
Bank ABC has been recognised as the 'Best Digital Bank' and 'Best Bank for Sustainable Finance' in Bahrain at the Euromoney Awards for Excellence 2025, held in Dubai on 20 May. The accolades highlight the Bank's transformative approach to corporate banking and its growing leadership in the sustainable finance landscape. A delegation from Bank ABC received the awards at the high-profile ceremony, which also saw wins for its subsidiaries – Bank ABC Islamic and ila Bank, the Group's digital mobile-only bank, reinforcing the Group's collective innovation and impact. With over four decades of experience across frontier and emerging markets, Bank ABC continues to redefine financial services through an ambitious digital transformation and sustainability-led growth strategy. These double wins stand as a testament to the Bank's commitment to delivering cutting-edge financial solutions while accelerating the transition to sustainable operations across its global network. Commenting on the recognition, Sael Al Waary, Group CEO of Bank ABC, said: 'We are honoured to be recognised by Euromoney as Bahrain's Best Digital Bank and Best Bank for Sustainable Finance. These awards reaffirm our position as a leader in innovation and underscore our responsibility to shape a more sustainable future. As we empower our clients with innovative digital capabilities, we remain equally committed to enabling their transition to future-proof, purpose-driven businesses. I sincerely thank Euromoney for this recognition and my colleagues across the Bank ABC Group for their dedication to building MENA's international bank of the future.' Bank ABC's ongoing digital evolution has redefined the benchmark for wholesale banking in the region. Leveraging deep market insight and tailored financial solutions, the Bank supports clients across strategic sectors including logistics, petrochemicals, and technology, among other sectors. With innovation at the core of its strategy, Bank ABC has made significant strides in digital banking, AI-driven automation, and blockchain integration. The Bank's Wholesale Banking Corporate Portal delivers a reimagined corporate banking experience, offering clients a personalised, AI-powered interface that provides a seamless access to products and services – alongside actionable insights for smarter financial decisions. Ben Naylor, Global Head of Research at Euromoney commented, 'Bank ABC's transformative digital strategy and innovative solutions were especially impressive. Its launch of an AI-powered corporate portal and enhanced trade finance platform, added significant efficiencies for clients. It also enhanced its cross-border payments and FX services, and notably upgraded its AI assistant.' On the sustainable finance front, Bank ABC has demonstrated a clear commitment to embedding Environmental, Social and Governance principles across its value chain. The Bank's Sustainability Strategy is driving meaningful progress towards an inclusive, low-carbon economy, while supporting clients in their transition to more responsible business models. Further highlighting the Bank's leadership, Ben Naylor added, 'A comprehensive ESG strategy, executive-driven governance, and impactful initiatives like green sukuk issuance and renewable energy financing saw Bank ABC recognised as Bahrain's leader in sustainable finance. Its workforce training, long-term environmental goals, and commitment to clean energy underscored its commitment to the sector.' The Euromoney Awards for Excellence is one of the industry's most authoritative and respected awards programmes, recognising world-class financial institutions that demonstrate innovation, leadership and meaningful impact in banking.


Zawya
27-05-2025
- Business
- Zawya
HSBC named Best Investment Bank for M&A in Kuwait
Kuwait City: HSBC has been named the Best Investment Bank for M&A in Kuwait at the Euromoney Middle East Awards for Excellence, 2025. HSBC Middle East received three coveted awards for the Middle East's Best Investment Bank, Middle East's Best Bank for Sustainable Finance and Middle East's Best Bank for Equity Capital Markets. Other country awards included Qatar's Best Bank of Corporates, Saudi Arabia's Best Investment Bank and the UAE's Best International Bank and Best Investment Bank. Samer Alabed, CEO of HSBC Kuwait, said: 'These awards are reflective of our ability to offer unique solutions and services to clients in Kuwait while we fulfill our purpose of opening up a world of opportunity. Our global footprint combined with a long-lasting heritage in the country and the region give us the ability to connect clients across the world to opportunities for growth.' HSBC continues to leverage sectoral knowledge and its position as a trusted partner in complex, high impact deals. Recently, HSBC played a pivotal role as a financial advisor in a very significant transaction for the aviation sector in Kuwait. HSBC also provides thought leadership in areas of sustainability and finance with engagements across government, corporates and institutions to support execution of their transition plans. Taken together, this series of significant awards demonstrate the breadth of HSBC's network, the depth of its expertise, and its access to deep pools of finance. Media enquiries to: Greta Madgwick About HSBC in the MENAT region HSBC is the largest and most widely represented international banking organisation in the Middle East, North Africa and Türkiye (MENAT), with a presence in nine countries across the region: Algeria, Bahrain, Egypt, Kuwait, Oman, Qatar, Saudi Arabia, Türkiye and the United Arab Emirates. In Saudi Arabia, HSBC is a 31% shareholder of Saudi Awwal Bank (SAB), and a 51% shareholder of HSBC Saudi Arabia for investment banking in the Kingdom. Across MENAT, HSBC had assets of US$73bn as at 31 December 2024. List of HSBC's Euromoney Awards for Excellence win in the Middle East More information on the Euromoney awarding body and awarding mechanism can be found at