Archive

Blurred lines between ESG and Impact need clarification, says Amundi

The sustainable finance industry needs to move away from treating sustainable investing and impact investing as synonymous, Amundi Asset Management has claimed.

LMA exploring 'transition loan' label as sustainability-linked debt flounders

The Loan Market Association (LMA) is exploring the creation of a label for loans that finance climate transition-themed projects or activities, as it considers how to drive more investment in 'hard-to-abate' sectors.

Saint-Gobain: EU Taxonomy 'opened green bonds for us'

French construction materials firm Saint-Gobain switched from sustainability-linked bonds to green bonds for its latest sustainable bond deal, after EU Taxonomy-aligned disclosures helped it identify eligible activities.

Vanguard's Australian arm made 'misleading' ESG claims regarding bond fund, court rules

Vanguard's Australian arm broke the law by "making misleading claims about certain ESG exclusionary screens" applied to investments in a bond index fund, the Australian Federal Court has ruled in a landmark case.

ASEAN Taxonomy extended to transport, construction and real estate

An update to the Association of Southeast Asian Nations (ASEAN) Taxonomy for Sustainable Finance has seen the ground-breaking 'green' list extended to cover the transport and construction and real estate sectors.

ESMA launches EU green bond external reviewer consultation

The European Securities and Markets Authority (ESMA) launched a consultation on the draft technical standards it plans to use for the registration and supervision of external reviewers of bonds issued in line with the EU Green Bond Standard (EU GBS).

'US IRA has worked where taxonomies have not'

A senior banker has argued that the US Inflation Reduction Act (IRA) economic incentive package has delivered real climate-focused financial flows in a way that 'green' taxonomy-focused approaches have not.

Australia introduces legislation for climate reporting

Environmental data: emerging markets have cleaned up their act

Emerging markets disclosure rates are increasing much faster than developed markets, and are set to catch up in the next few years, writes Lily Andrews

NBIM praises Malaysia for 'full adoption' of ISSB standards