Archive

Integrity Council approves first carbon programmes

The Integrity Council for the Voluntary Carbon Market has announced the first carbon crediting programmes eligible for its best-in-class 'core carbon principles' label.

Loan round-up: Taiwan Cement Corporation, Waste Management NZ, EPP ... and more

Many companies have no climate adaptation plans, says S&P

Just one-fifth of rated companies have a plan in place to adapt to climate change, and less than half of these plan on implementing their plans in the next decade, according to a report by S&P Global Ratings.

Many biodiversity funds greenwashing, says Lester Asset Management

Many of the biodiversity funds currently on the market are greenwashing, Lester Asset Management said, predicting strong demand for pure-play funds such as the one it recently launched.

New Zealand looks to remove barriers for sustainable bond issuance

A New Zealand regulator is exploring how to "remove potential barriers" for listed companies to issue sustainable bonds, in particular by reducing additional disclosures and costs for issuers.

UK risks undermining its reputation without deriving IPO benefits, NBIM warns

Proposals to lower corporate governance requirements risk undermining the UK's reputation for investor standards - and may not even help it attract new listings, according to Norges Bank Investment Management (NBIM).

Bond round-up: Saint-Gobain, BNG Bank, CBRE ... and more

ESMA proposes mandating ESG transparency in credit ratings

The European securities regulator has proposed requiring credit ratings agencies to explicitly state where and how ESG factors are incorporated in their methodologies.

Issuers worry capex-focused sustainability-linked bonds could 'backfire'

Carbon-intensive issuers are interested in tying sustainability-linked bonds (SLBs) to their 'green' capital expenditure (capex) plans, but are concerned that investors will begin to view these 'double' impact bonds as the only way they can access the market.

Carbon markets alone will not protect nature, says Arup

Carbon markets cannot be relied upon to fund the scale of nature protection needed, Arup has said, as it called for a wider range of funding instruments to be deployed.