Archive

Central banks prepare for "decisive" 2020 for climate change action

The Network for Greening the Financial System (NGFS) said 2020 will be a "decisive year", as the group of central banks warned the coronavirus crisis should not overshadow the pressure building for climate action in the financial system.

Carney: Prudential regulation should avoid climate policy by 'back door'

Former Bank of England (BoE) governor Mark Carney has warned against using prudential regulation to implement climate policy "by the back door".

WBA announces 2,000 most influential firms for sustainable future

The World Benchmarking Alliance has revealed the 2,000 companies that it believes have the greatest influence on global progress towards a "more sustainable future" ahead of ranking them for progress.

Langham Hospitality Investments signs first Asian hospitality sustainability loan

Langham Hospitality Investments has secured sustainability-linked loans worth HK$7.5 billion ($960 million), the first by an Asian-listed hospitality firm.

Green bond issuance could pass $250 billion in 2019, says Moody's

Moody's has upgraded its prediction for green bond issuance in 2019, to $250 billion, after a stronger than expected third quarter.

Singaporean REIT signs SGD670m green loan

Mapletree Commercial Trust Management (MCTM) has agreed a SGD670 million ($492 million) green loan with a syndicate of five banks.

20% of Hong Kong companies sustainability compliant

Only 20% of Hong Kong's largest companies have good compliance with international sustainability guidelines, according to Standard Ethics.

Bond round-up: Westpac, CGNPC, Prologis, Hera, Hannon Armstrong ... and more

Pimco, AfDB, Iberdrola and ING elected to GBP executive committee

US investment management giant Pimco and Dutch bank ING are among four institutions to have been elected to the executive committee of the Green Bond Principles (GBPs) and Social Bond Principles (SBPs).

$7bn of Chinese soy chain capital ‘exposed to deforestation risk’

Chinese financial institutions have been urged to manage their exposure to deforestation risks, after a study found that about $7 billion in bond and share issues by companies in the country’s soy supply chain are exposed.