Archive

News Round Up: PGE, Access To Medicine, S&P Global Platts, and more

Investors issue call for "fair and equitable" global response to Covid-19

CCCA banks to publish principles for low-carbon portfolio alignment

The Collective Commitment to Climate Action (CCCA) is to publish agreed principles and guidance for assessing portfolio alignment, and setting and reporting on alignment targets, by the end of Q1 2021.

Green and sustainability-linked loan round-up: Colombina and Eureden

Confectionery and food maker signs first sustainable loan in Colombia

Science Based Targets initiative launches financial sector framework

Science Based Targets initiative (SBTi) has launched its "breakthrough" pilot framework for financial institutions to set science-based climate targets, but campaigners were "disappointed" and "disturbed" by what they perceive to be shortcomings.

No banks are outstanding at ESG, study finds

A study of 30 leading banks concluded that not one warranted being classified as 'outstanding' when it comes to integrating environmental, social and governance (ESG) criteria.

Green and sustainability-linked loan round-up: M+S, Naturgy, UOL, Argent

Green and sustainability-linked loan round-up: CIP, Siemens Gamesa and more

Snam issues maiden €500m 'transition' bond after 'climate action' criticism

Italian energy infrastructure firm Snam has raised €500 million ($567 million) through its inaugural 'transition bond' to finance or refinance energy transition projects, just over a year after its 'climate action bond' attracted controversy.

BBVA issues €1bn Covid-19 bond

Spanish financial services company BBVA has priced a €1 billion ($1.1 billion) Covid-19 social bond, making it the first private financial institution in Europe to do so.