Archive

Green and sustainability-linked loan round-up: Colombina and Eureden

Confectionery and food maker signs first sustainable loan in Colombia

Defining transition finance: how to be inclusive yet specific

Transition finance has garnered a lot of attention, but the challenge of delineating what exactly it is remains unresolved. Three recent reports try to balance the need for the definition to be both broad enough to be inclusive, yet specific enough to protect the instruments from claims of greenwashing. Ahren Lester reports.

Basic definition essential for transition bond issuance, says ISS ESG

The market does not have to 'reinvent the wheel' on the structure of transition bonds to support future issuers, ISS ESG tells Ahren Lester, but a clear definition of what activities demonstrate 'transition' is essential for this potentially large market to grow

Green and sustainability-linked loan round-up: Aligned, Farrer Park, StarHub, FENC and Iberdrola

NBIM recommends incorporating impact into GRI standards

Companies reporting in line with the Global Reporting Initiative (GRI) should be asked to disclose their net impact on society and the environment, according to one of the world's largest asset managers.

GCF allocates $900m towards Covid-19-resilient green projects

The Green Climate Fund (GCF) has allocated $879 million to developing countries with the intention of increasing climate action in a way that can adapt to the effects of the Covid-19 pandemic.

ISS ESG launches transition bond second party opinion service

ISS ESG has updated its second party opinion (SPO) methodology to support issuers of transition bonds ahead of guidance being published later in 2020.

Deutsche Bank's tightened fossil fuel policy judged 'unambitious'

Deutsche Bank has tightened its fossil fuel policy to include exiting from coal mining investments by 2025, strengthening its stance towards coal power and restricting oil and gas sector financing - but campaigners continued to criticise the lender for its lack of ambition.

Green and sustainability-linked loan round-up: CIP, Siemens Gamesa and more

AgriFunds urged to improve natural capital risk disclosure

Food and agriculture funds have been urged to improve reporting on nature-related risks, after a report showed major investors in the sector were materially exposed to the financial risks associated with natural capital threats.