Archive

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

L&Q faces SLB coupon 'step-up' on target miss

UK social housing charity London & Quadrant (L&Q) said it was "likely to miss" a greenhouse gas (GHG) emissions target linked to its ground-breaking sustainability-linked bond (SLB), triggering an additional £3 million ($3.8 million) of coupon payments.

SLB step-ups a long way from being financially punitive, says Barclays

The penalties for missing the targets set by sustainability-linked bonds (SLBs) would have to be at least 10 times what the market currently offers to be big enough to incentivise companies to change their behaviour, Barclays has argued.

Sustainability-linked bond issuance limps into 2024

Sustainability-linked bond (SLB) issuance has had its weakest start to a year since the publication of principles boosted the market in 2020, according to Environmental Finance research.

French companies sound alarm at 'greenwashing' in ESMA sustainability enforcement rules

The French Association of Large Companies (AFEP) has voiced concern that draft rules for regulators enforcing the disclosure of sustainability-related information will too strictly police perceived 'greenwashing' and be complex to apply.

Morningstar launches innovative transition indexes

Morningstar has launched a series of transition indexes it hopes could prove a turning point for the integration of climate considerations in investors' equities allocations.

French regulator AMF says it would back 'say on climate' based on CSRD reports

S&P: Climate-related credit rating actions 'to grow'

Climate-related credit rating actions at corporate and infrastructure issuers doubled in number last year and are expected to continue to increase, S&P Global Ratings predicts.

Canadian regulator demands financial institutions report in line with ISSB this year

Canada's largest banks and insurers must disclose how they are implementing a climate transition plan and conducting climate scenario analysis, under rules that have been updated to align with International Sustainability Board (ISSB) standards.