Archive

Vancity: Costco 'expected' to be targeted by NA100

Costco Wholesale is "expected" to be one of the companies targeted by the Nature Action 100 (NA100), Vancity Investment Management (VCIM) has said.

EU banks devising guide to overcome struggles with ESG regulation

Eurozone banks wrestling with their reporting requirements under EU regulation are together writing guidance on disclosing their climate-related physical risks.

Chile enhances its SLBs in latest issue, and promises more to come

The return of Chile to the sustainability-linked bond (SLB) market has been praised for the addition of a more diverse target mix - becoming the first sovereign SLB issuer to include a gender target.

Sustainable Fitch launches oil & gas transition assessment

Sustainable Fitch has launched a transition assessment tool for oil and gas companies, to "provide greater visibility on targets, commitments and actions to date".

VCMI carbon credit claims 'cannot be used for offsetting'

Carbon credits cannot be used for offsetting emissions instead of reducing emissions within corporate value chains, or for making 'carbon neutral' claims, under the Voluntary Carbon Markets Integrity Initiative (VCMI)'s Claims Code.

Mexico preparing first fixed-rate peso sustainability bond

Mexico is planning to raise up to $1 billion from its first fixed-rate Mexican peso-denominated sustainability bond, according to a senior government minister.

People moves, 30 June: Axa IM Alts, Federated Hermes, Howden and more...

Algebris launches €20m sustainable bond fund

Algebris Investments has launched a €20 million ($22 million) "issuer-focused" sustainable bond strategy, which is claimed to be Article 9-aligned under the EU Sustainable Finance Disclosure Regulation.

FCA raises concerns of 'greenwashing' in sustainability-linked loans

The UK Financial Conduct Authority (FCA) has warned that the sustainability-linked loan (SLL) market is "not achieving its potential," and faces growing accusations of 'greenwashing' amid concerns of weak incentives, conflicts of interest, and misalignment with public climate goals.

NBIM warns London listing change would curb investor influence

The manager of the world's largest sovereign wealth fund has added its voice to warnings that the UK's plans to reform its listing rules could "decrease" the influence of investor engagement with companies.