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Emirate of Sharjah issues first Gulf state sovereign sustainability bond
20 February 2023The Emirate of Sharjah has raised $1 billion from the first sovereign sustainable bond from a Gulf state country and first sustainability bond from a Middle Eastern nation, with the deal more than twice oversubscribed.
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SLB issuers 'lose their halo', says HSBC
02 February 2023Sustainability-linked bonds lost their 'halo effect' in 2022, the knock-on benefits to their conventional bonds from issuing a sustainable bond, research by HSBC has found.
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China tipped to strengthen lead in 'green finance readiness' ranking
25 January 2023China is to strengthen its lead on green finance in Asia throughout 2023, driven by rising demand for ESG-focused funds and movements to open up its green bond market to international investors, research has found.
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EU green bond standard mired in broader market discussions
23 January 2023Attempts to finalise a standard have been bogged down in talks about whether the labelled bond market also needs minimum requirements - but there is hope of resolution. Ahren Lester reports
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Glencore shareholders demand more transparency on coal plan
05 January 2023Investors representing $2.2 trillion in assets have asked Glencore to provide more information on how the mining giant's ongoing thermal coal production aligns with its commitment to support the Paris agreement
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Rise in climate finance likely to lower bond yields, says HSBC
04 January 2023A rise in debt as countries finance the transition to net zero greenhouse gas emissions is likely to lower interest rates and compress the yield investors can expect from bonds, according to research by HSBC.
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Vague COP15 agreement is 'not a Paris moment', warns HSBC
20 December 2022The global biodiversity framework agreed at the COP15 conference this week failed to meet expectations among some observers that it could provide an equivalent target to 'net zero' for nature, according to a research note by HSBC.
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HSBC pledges to stop financing new oil and gas
14 December 2022HSBC has announced it will not finance any new oil and gas fields, in a move a pressure group said sends a strong signal to other banks to follow.
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Climate Asset Management raises $650m for natural capital funds
13 December 2022Climate Asset Management (CAM), the joint venture between HSBC and Pollination, has raised $650 million for its two natural capital funds.
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COP15: What financial institutions want
06 December 2022Before the COP15 biodiversity conference opens this week, Thomas Cox rounds up what financial experts expect from the event