Archive

Trump victory would be 'disastrous' for sustainability

Investors would need to step up in advocating for sustainability in the advent of a Trump victory in the US presidential elections, an Environmental Finance conference heard.

Set national transition plans - but not transition finance definition, industry groups say

A detailed definition of 'transition finance' would be unhelpful and policymakers should instead focus on providing more policy support and public finance for emissions intensive industries to decarbonise, investor groups told a UK government-mandated taskforce.

Circular businesses can outperform companies with 'improved' ESG practices

The exit environment for impact investments has become increasingly attractive in recent months, according to Circularity Capital's Jamie Butterworth, although 'improving bad ESG practices' will not always bump up returns.

SBTi gives carbon credits update in corporate net zero standard revision

The Science-Based Targets initiative (SBTi) has explained how it intends to incorporate views on environmental attribute certificates (EACs), including carbon credits, into a major revision of its Corporate Net-Zero Standard.

SLB popularity growing among Nordic real estate, muni issuers

Sustainability-linked bonds (SLBs) are increasingly becoming popular among real estate and municipal issuers in Nordic countries, according to Danske Bank - as the performance-based instrument continues to appeal to issuers in the region.

Japan to study 'financed emissions' in second climate scenario analysis of banks

The Bank of Japan (BoJ) and Financial Services Agency (FSA) are preparing to run a second climate scenario analysis of three major Japanese banks, which could include analysis of the banks' 'financed emissions'.

European Commission urged to 'scale up' biodiversity credit market

An EU sustainable finance expert group has urged the European Commission to help scale up the biodiversity credit market but warned that it will still "come with limitations".

People Moves, 10 May: Aviva, DBS, New Forests, Länsförsakringär, ING ... and more

US banks lament data gaps in first Fed climate scenario analysis

The Federal Reserve's first climate scenario analysis of the country's six largest banks exposed widespread data gaps that threaten to undermine the accurate assessment of climate-related risks.

M&G invests €107m into public-private partnership impact fund

M&G has invested €107 million ($115.3 million) into the European Fund for Southeast Europe (EFSE), a public-private partnership (PPP) impact fund providing access to finance for underserved microfinance lenders and financial institutions in developing countries in southeastern and eastern Europe.