Archive

Sustainable debt round-up: TenneT Germany, Bpifrance, Easpring Finland ... and more

TenneT Germany raises record €3.5bn in debut European Green Bond

TenneT Germany raised €3.5 billion ($3.9 billion) through its inaugural bond issuance, marking the largest corporate European Green Bond (EuGB) transaction to date.

TenneT Germany plans inaugural bond issuance with EuGB

TenneT Germany is preparing to make its debut in the debt capital markets and its first-ever bond issuance with a European Green Bond (EuGB).

Exemption for asset managers in ESRS 'creates a reporting vacuum'

The EU risks creating a "reporting vacuum" that undermines investors' data needs if it proceeds with a proposal to exempt asset managers' reporting under the Corporate Sustainability Reporting Directive (CSRD), observers warned.

Sustainability shortcomings could lead to higher capital requirements - BaFin

German banks have been told by their regulator that they face higher capital requirements unless they address "shortcomings" related to their management of sustainability risks.

Don't change EU credit risk framework to cover ESG risks, German banks say

A major group of German banks has urged against adding criteria for environmental and social risks in the EU's credit risk assessment process, in response to a consultation by the European Banking Authority (EBA).

Helena Water signs first Australian 'blue loan'

Australian water utility consortium Helena Water has secured an AUD170.5 million ($122 million) 'blue loan', believed to be the first Australian loan to use the sustainable water-focused sustainable loan label.

Banks raise spectre of Omnibus with calls for deep cuts to EU ESG rules

European banking groups have sent a long wish list to the European Commission of ESG-related rules and guidance they want removed or simplified, raising the spectre of deregulation summoned by last year's sustainability Omnibus.

Natcap partners with ERM to scale nature assessments

Nature analytics firm Natcap has partnered with sustainability consultancy ERM to create more "actionable" assessments, particularly to meet growing investor demand.

Climate-related gaps in financial statements persist, investors warn

Widespread failure by companies to provide adequate transparency on the financial impacts of climate change persists, despite standards and regulations increasingly pushing for greater detail, according to a group of investors.