• Nature poses credit risk to Asian sovereigns

    05 January 2024

    Nature-related risks such as flooding or cyclones pose a major credit risk to south and southeast Asian sovereigns, Fitch Ratings has warned.

  • NZBA welcomes first Chinese member but suffers second bank exit

    04 January 2024

    The Bank of East Asia (BEA) has become the first Chinese member of the Net Zero Banking Alliance (NZBA), but US lender Blue Ridge Bank also became only the second member to "withdraw from" the UN-convened industry group.

  • 2024 outlook: Sand in the gears of sustainable finance policy

    03 January 2024

    Looming elections and burgeoning disclosure regimes point to a slowdown in sustainable finance policymaking, but the spectre of fines for greenwashing is on the rise, Michael Hurley writes

  • ESG disclosures: more clarification needed to turn grey areas into green

    01 January 2024

    Tightening sustainability regulations means asset managers should act now to future-proof their disclosure processes, Ruth Knox writes

  • Bank of Japan warns of climate risk 'spillover' across industries from rise in carbon prices

    22 December 2023

    Climate transition risks spurred by rising carbon prices could have damaging and widespread "spillover" effects across the Japanese economy - including to regional banks not substantially exposed to the worst-hit sectors, the Japanese central bank has warned.

  • Mitsui OSK Lines to issue 'first' shipping firm blue bond

    19 December 2023

    Japanese firm Mitsui OSK Lines plans to raise JPY10 billion ($70 million) through a blue bond in January, believed to be the first issued by a shipping firm using recent International Capital Market Association (ICMA) guidelines.

  • EBA proposes EU develops 'two-tier' green loan standard

    18 December 2023

    The European Banking Authority (EBA) has proposed that the EU develops a voluntary EU Taxonomy-aligned EU green loan and mortgage standard similar to that for green bonds, but that a second non-taxonomy aligned tier should be allowed for a period of time.