Archive

News Round Up: ACCA, Ban Ki-moon, SEB, and more

Kommuninvest prepares social impact loans, eyes social bond

Sweden's Kommuninvest has established a 'committee on social sustainability' to examine applications for loans for investments in housing, healthcare, sports, education and culture.

Bank of America becomes third US lender to join carbon accounting initiative

Bank of America (BoA) has joined the Partnership for Carbon Accounting Financials (PCAF), the third major US lender to join the initiative in the past week, as pressure builds on financial institutions to tackle the emissions of their lending and investment portfolios.

ShareAction: Banks 'tinkering around the edges' in response to climate change

Danske Bank and Intesa Sanpaolo have been named as the 'laggards' of the biggest European banks when it comes tackling climate change.

Reputational benefit is main incentive for green bond issuance

The likelihood of an enhanced reputation is the most important driver behind the issuance of green bonds, according a survey of treasurers by the Climate Bonds Initiative (CBI).

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.

UPM signs sustainability loan linked to biodiversity goals

Shipping - the trillion-dollar challenge

The growing support for the Poseidon Principles underlines the crucial role for finance in helping the shipping industry chart a course towards a greener future, says Ahren Lester

First green bond from mining company issued

A mining company has issued a green bond, as the green bond market continues its push into high-carbon parts of the economy.

$150m green bond for oil tanker fleet in pipeline

Teekay Shuttle Tankers, a Canadian shipowner specialising in oil and gas transportation is looking to issue a $150 million green bond to fund the building of new tankers.