Archive

Singapore's AA REIT secures $465m sustainability-linked loan package

Singapore-listed AIMS APAC REIT (AA REIT) has secured a second unsecured sustainability-linked loan package comprising SGD450 million ($351 million) and AUD160 million ($114 million) revolving credit facilities.

Webinar: 'Sustainability practitioners need to talk the bottom line for sustainability to become strategy'

Sustainability practitioners in the Middle East need to be able to talk about what impact sustainability can have on the 'bottom line' for it to become more mainstream and to drive growth in the region, an Environmental Finance webinar heard.

NZBA ditches requirement to target 1.5°C alignment to give banks more 'flexibility'

The Net-Zero Banking Alliance (NZBA) has approved changes to its framework to no longer require targeting 1.5°C alignment - instead allowing members to choose from "a wider range of net-zero pathways ... to limit global temperature rise to 'well below 2°C' and to strive for 1.5°C".

Omnibus was 'copy-paste' of big business' demands for deregulation, NGO says

ECB urged to use 2025 policy review to 'green' its asset purchases

ING further restricts upstream oil & gas financing

ING has further tightened its restrictions on financing the oil and gas sector, although one NGO branded the development as being "of little value".

BNP Paribas to halt participation in oil and gas conventional bond issuance

French bank BNP Paribas has signalled that it will refrain from participating in conventional bond issues for companies in the oil and gas sector at its annual general meeting.

SBTi clarifies carbon credit stance amid staff unrest

The Science Based Targets initiative (SBTi) has published a clarification on its stance on the use of environmental attribute certificates (EACs) - such as voluntary carbon credits - after criticism from staff and the industry.

SBTi board faces resignations and staff ire after change to carbon credit stance

The Science-Based Targets initiative (SBTi) Board of Trustees has come under fire for changing its stance on corporate use of carbon credits for Scope-3 emissions reduction targets, which has been described as a "major departure" from existing policy.

Fossil fuels to be excluded under 'ambitious' French sustainable fund label overhaul

Companies generating energy using coal or developing new oil or gas projects are to be excluded from France's sustainability fund label in updates designed to make the Label ISR "more ambitious".