“Gender Equality” Bond Issue is Oversubscribed—by 20 Times

A $400 million “gender equality bond” issued by Australia’s QBE Insurance Group turned out to be beyond popular: applications of more than $8.25 billion were received for the offering. Adding to its “wow factor,” the QBE bond is the first-ever such bond to be issued in a G3 currency—US dollars, euro, and yen. “The funds raised will be invested in bonds issued by companies that have policies of supporting workplace gender equality,” reports Reuters, including those that have signed up to the United Nations seven principles on Women's Empowerment and entities referenced in the Equileap 2017 Gender Equality Report. The outsized interest in this gender-defined bond reflects the growing attraction for ESG-driven products by mainstream investors.

John Howell, Editorial Director

Special Announcement: National Association of Environmental Management issues EHS & Sustainability Staffing, Structure and Budget Report

ReportAlert: ITV wins inaugural GivX Community Value Award

News & Blogs

1 week 3 days ago

(3BL Media/Justmeans) - Planet Water Foundation, an organization focused on bringing clean water to impoverished communities, has announced plans to help Puerto Ricans in the wake of Hurricane Maria. The natural disaster has devastated the country, with consequences on drinkable water supplies.

1 week 4 days ago

(3BL Media/Justmeans) – The geography of gay liberation since the late 1960s is intrinsically linked to inner city spaces. It was amidst the grit of derelict city centers that gay communities typically emerged and made themselves present in the fabric of some of the world’s most important urban centers. Often, they paved the way for the gentrification of those areas.

1 week 5 days ago

(3BL Media/Justmeans) – JetBlue has found a creative way to promote kindness amongst its customers. The airline is currently promoting its JetBlue for Good Month initiative by inviting customers to check in at pop-up kiosks as well as online. This way, compassionate - and lucky - participants can get a free volunteer trip with JetBlue.

1 week 5 days ago

(3BL Media/Justmeans) – One of the key strategies for the successful implementation of the UN Sustainable Development Goals (SDGs) by 2030 is to integrate entrepreneurship and innovation in all economic and social dimensions. Entrepreneurs and innovators can provide breakthrough sustainable solutions that can be scaled to create a global impact.

1 week 5 days ago

(3BL Media/Justmeans) - The avalanche of stories after the Harvey Weinstein revelations has shown that this kind of deeply inappropriate behavior is rife across other industries and culture. It’s like a social pandemic.

2 weeks 17 hours ago

(3BL Media/Justmeans) – Global investors are increasingly hesitant to invest in companies with a traditional growth model that fails to incorporate the principles of sustainability. Recognizing this trend, China is getting ready to shed off its historic burden as the world’s largest producer of CO2 emissions, with major Chinese companies implementing comprehensive measures to address the threat of climate change.

2 weeks 1 day ago

(3BL Media/Justmeans) A third of the food produced globally is never eaten. It’s a problem that costs the global economy an estimated $940 billion. Lost and wasted food also contributes to climate change, generating about 8 percent of global greenhouse gas (GHG) emissions and consuming around 25 percent of water used in agriculture.