Archive

Banks using PRB framework to aid CSRD reporting in absence of finance sector guidance

Some banks are using a framework designed for the Principles for Responsible Banking (PRB) initiative to help meet reporting requirements under the EU Corporate Sustainability Reporting Directive (CSRD), a UN Environment Programme Finance Initiative (UNEP FI) webinar heard.

SLB popularity growing among Nordic real estate, muni issuers

Sustainability-linked bonds (SLBs) are increasingly becoming popular among real estate and municipal issuers in Nordic countries, according to Danske Bank - as the performance-based instrument continues to appeal to issuers in the region.

KfW: 'Greenium discussion is back' with €4bn green bond

KfW has raised €4 billion ($4.3 billion) from an "extraordinary" green bond of 2024, which the German development bank said reopens the discussions around the 'greenium' for green bonds.

Nordic companies struggling to set 'credible' nature targets, Danske Bank says

The majority of large companies based in the Nordics are struggling to develop credible targets or policies to manage their impact, Danske Bank Asset Management (DBAM) has said.

US states target ESG investment as US SIF hits back at 'political' attacks

Politicians in two US states have launched anti-environmental, social and governance (ESG) investment policies, whilst the US SIF has published an 'ESG Truths' website amid growing "politically motivated and simplistic attacks" on ESG in the country.

EFRAG appoints EU sustainability reporting standards group

An advisory group has been appointed to help develop European corporate sustainability reporting standards.

Sustainability-linked finance guidelines for shipping firms published

Guidelines for shipping firms and lenders on issuing sustainability-linked loans and bonds have been published by a working group of Nordic firms in order to introduce a higher level of industry standardisation and avoid 'greenwashing'.

EU Taxonomy 'more an opportunity than risk' for shipping firms

The capital access risks posed by the EU Taxonomy regulation are "more an opportunity" than a risk for Nordic shipping firms, according to Danske Bank,...

'Even leading banking practices fail basic climate, biodiversity tests' - ShareAction

Most of Europe's largest banks have targets to reduce their greenhouse gas emissions to net zero - but very few banks have taken concrete steps to achieve this and even leading practices in the sector fail "basic" quality tests, according to research by non-profit ShareAction.

People Moves 2 July: IGCC, Green Investment Group and more