Archive

BPCE prices inaugural €1.5bn EuGB covered bond

French banking group BPCE has priced its inaugural European Green Bond (EuGB) covered bond, raising €1.5 billion ($1.7 billion) through a 6.5-year transaction that attracted more than €5 billion of investor demand.

European Defence Bonds - turning red lines into green lights?

The use-of-proceeds focused label can support a deeper market sophistication on where investor preferences and boundaries lie. Ahren Lester reports

BPCE issues pioneering 'European Defence Bond'

As the debate around the 'sustainable' credentials of defence investment heats up, a new sustainable bond-inspired defence bond label enters the market. Ahren Lester writes

'Dense and difficult to understand', French regulator says of taxonomy disclosures

French banks and insurers have been told by their regulator to improve their taxonomy reporting after it criticised "dense and difficult to understand" disclosures that also omitted information that was required.

Mirova, BPCE invest €77m in renewable energy producer

People moves 24 June: ISSB, CDP, ACRA, SGX and more...

Most financial institutions don't push for ambitious EU sustainable finance strategy

Many financial institutions are failing to support an ambitious EU sustainable finance strategy, according to a report on lobbying by NGO InfluenceMap, with just a handful supporting and actively engaging with the European Commission's policy.

ACPR: Banks need to incorporate climate into risk management framework

The French Prudential Supervision and Resolution Authority (ACPR) has published a guide to good practices in governance and climate risk management for the banking industry.

Banks' fossil fuel commitments accelerate as pressure intensifies

French regulator calls for ‘green and brown’ taxonomy

France’s financial regulator has called for the rapid introduction of a formal definition of investments that are beneficial or detrimental to the environment – a so-called taxonomy of ‘green’ and ‘brown’ assets.