Archive

Chinese green loans up 33% in a year, says PBoC

Green loans in China reached 15.9 trillion yuan ($2.5 trillion) by the end of 2021, according to a new report from the People's Bank of China (PBoC).

Green Bond Comment, August 2021: A new dawn for the beleaguered transition bond label?

Once seen as the next exciting frontier in sustainable fixed income, the take-up of transition bonds has so far underwhelmed the market. But could the beleaguered label stage a fight back, asks Ahren Lester

Bond round-up: NN IP, Repsol, Suzano, Bank of China, Hongkong Land... and more

LGIM sells £40m assets in companies including AIG for climate inaction

Legal and General Investment Management (LGIM) is divesting four holdings, worth £40 million ($56 million), for not engaging satisfactorily with it on climate issues, it has said

Investor group urges banks to set enhanced net zero targets

Chinese financial institutions 'faced with grave climate risks', says central bank

Chinese financial institutions "are faced with grave risks and should begin their green transition right away", according to the governor of the country's central bank.

'Transition' firms preferring sustainability-linked over transition bonds

Sustainability-linked bonds are proving more popular for carbon-intensive issuers than transition bonds, and experts are worried the 'transition' label is adding unnecessary confusion in the market. Ahren Lester and Christopher Marchant report

LSE launches first dedicated transition bond segment

The London Stock Exchange (LSE) has launched a dedicated transition bond segment to its sustainable bond market (SBM), in a move it is believed makes it the first exchange to do so.

Bank of China transition bond a 'missed opportunity'

The Bank of China transition bond was ground-breaking in its claims to align with the newly launched transition finance recommendations, reports Ahren Lester, but experts judged the transaction as failing to live up to its promise and ambition

Bank of China issues first ICMA 'handbook'-linked transition bond

The Hong Kong branch of the Bank of China (BoC) has raised $780 million from the first transition bond to be aligned with the recently announced transition finance recommendations from the administrators of the Green and Social Bond Principles.