European Investment Bank issues the first Green Bond
The first green bond, known as a climate awareness bond, was issued by the European Investment Bank.
Climate Disclosure Standards Board (CDSB) founded
Principles for Responsible Investment (PRI) launched
The Principles for Responsible Investment (PRI) was launched at the NY Stock Exchange. PRI was was created by group of institutional investors convened by the UN Secretary General in 2005.
Freshfields Report encouraging ESG integration published by UNEPFI
The report “A Legal Framework for the Integration of Environmental, Social and Governance Issues into Institutional Investments” was published by the Asset Management Group of the UN Enviromental Programme Finance Initiative (UNEPFI). The report permitted and encouraged ESG integration.