Archive

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.

Public maritime lender to issue India's first blue bond

India's maritime infrastructure financier Sagarmala Finance Corporation Limited (SMFCL) plans to issue a INR10 billion ($105 million) blue bond in the third quarter of the financial year.

'Transition finance itself is transitioning'

The rapidly evolving geopolitical and socioeconomic landscape is forcing transition finance to reinvent itself, but could also provide a tailwind for the investment theme.

Singapore's AA REIT secures $465m sustainability-linked loan package

Singapore-listed AIMS APAC REIT (AA REIT) has secured a second unsecured sustainability-linked loan package comprising SGD450 million ($351 million) and AUD160 million ($114 million) revolving credit facilities.

Finland's TVO secures first green-labelled credit facility

Finnish nuclear power producer Teollisuuden Voima Oyj (TVO) has signed a new revolving credit facility of €800 million ($930 million), aligned with its recently updated Green Finance Framework.

Impax AUM fall as it updates on Impax Environmental Markets

Impax Asset Management's assets under management fell by £3.8 billion ($5.1 billion) during the first three months of the year, driven by outflows from institutional investors.

New Asian carbon markets coalition launched

Action for a Resilient Climate (ARC) - a coalition of corporates, financial institutions and government agencies in Asia - has been launched to help mobilise demand and financing for high-integrity carbon credits.

'Nature still cannot be priced'

It is not possible to definitively know the financial materiality of nature risk, Scientific Climate Ratings told Environmental Finance, explaining why it does not yet offer a product relating to it.

Concerns raised that draft ESRS leave investors short of data

Concerns remain that the latest draft of EU sustainability reporting standards could leave investors short of key information, according to initial analysis of the proposed text.

ICE and Climate Bonds Initiative partner on sustainable bonds data