Archive

Sustainable debt market transformed by Covid-19 impact in H1

Citi creates 'sustainability and corporate transitions' group

Citigroup's investment banking division has created a 'sustainability and corporate transitions' group.

'First-of-its-kind' sustainable SPAC raises $300m

A $300 million initial public offering this month could spark further sustainability-themed Special Purpose Acquisition Companies (SPACs), according to a Citigroup head.

Deutsche Bank sets 'ambitious' sustainability targets

Deutsche Bank outlined targets which will see the German lender boost sustainability assets to over €200 billion ($217 billion) by 2025 and issue its first green bond.

Citigroup claims more than $100bn in environmental finance since 2014

Banking giant Citigroup said it has funded or facilitated more than $164 billion of activities to combat climate change since 2014.

Telenor signs €2bn sustainability-linked debt facility

Telenor has signed a €2 billion ($2.2 billion) sustainability-linked revolving credit facility (RCF) to refinance an existing credit facility.

UN calls for investor action in coronavirus response

The UN has called for some of the world's largest investors to join efforts to tackle the coronavirus pandemic, to respond to what it says is the greatest test since the organisation was founded, and to help "rebirth society as we know it".

AfDB issues $3bn coronavirus bond, as ICMA prepares SBPs guidance

UPM signs sustainability loan linked to biodiversity goals

Malaysian banks fund coal power projects at expense of renewables

Malaysian banks continue to provide significant funding to coal power projects amid a rising number of international peers stepping back from such financing, according to a report by an Australian environmental pressure group.