Archive

EU targets €225bn green bond issuance amid strengthened climate push

The EU said it intends to raise 30% of its €750 billion ($890 billion) Next Generation EU (NGEU) recovery fund through the issuance of green bonds, as it boosted its greenhouse gas (GHG) emissions reductions target for 2030.

Potential EU green bond issuance faces three obstacles - HSBC

Three hurdles stand in the way of the European Union if it wishes to issue its own green bonds as part of its agreed €750 billion ($892 billion) Covid-19 recovery plan, according to HSBC.

Green and sustainability-linked loan round-up: Ghana and Hongkong Land

HSBC and Pollination form 'world's largest natural capital manager'

HSBC Global Asset Management and investment firm Pollination Group have entered into a joint venture agreement to establish HSBC Pollination Climate Asset Management.

BHP increases climate pressure on industry associations

Anglo-Australian mining giant BHP has enhanced its policy towards industry associations as it looks to ensure its climate lobbying aligns with the Paris Agreement.

UniCredit plans 2028 coal sector exit in updated policy

UniCredit has taken a harder line against thermal coal, pledging to stop financing its mining or burning entirely by 2028, as the exodus from the carbon-intensive fuel by global lenders continues.

People Moves 31 July: HSBC; UNEP FI; Tribe

Green and sustainability-linked loan round-up: M+S, Naturgy, UOL, Argent

HSBC launches ESG portfolio reporting service

Multinational bank HSBC has released a reporting service allowing institutional investors to measure the environmental, social and governance (ESG) credentials of their investments.

Green and sustainability-linked loan round-up: Iberdrola, Concert Properties, ERG