Archive

IASB could approve 'new net zero accounting standard' this month

A proponent of a 'new net zero accounting standard' is confident the International Accounting Standards Board (IASB) will adopt it this month.

BMO adds 'transition bonds', nuclear to sustainable bond framework

Canadian lender Bank of Montreal (BMO) has added nuclear power projects and transition bonds to its sustainable finance framework, in the first update since its publication in 2019.

Barclays: 18% boost to 2024 corporate sustainable bond forecast

Corporate sustainable bond issuance forecasts in developed markets in 2024 have been increased by 18% by Barclays, after a strong start driven by green and social bonds offset a steep decline in sustainability-linked bonds (SLBs).

People Moves, 5 April: Brunel Pensions, Railpen, Actis, EFRAG, TNFD and more

SEC pauses climate rule in move that 'will embolden' anti-ESG activists

The US Securities and Exchange Commission (SEC) has paused its climate disclosures rule amid legal opposition that threatens its implementation - in a move one commentator said will "likely only embolden the vehement anti-ESG activists".

EU Platform snubs SLBs in its climate investment stocktake

Sustainability-linked bonds (SLBs) are set to be omitted from a stocktake of sustainable capital flows in the EU, highlighting doubts about the materiality and ambition of the targets used by the instruments.

Integrity Council launches 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.