'Transition' firms preferring sustainability-linked over transition bonds
Sustainability-linked bonds are proving more popular for carbon-intensive issuers than transition bonds, and experts are worried the 'transition' label is adding unnecessary confusion in the market. Ahren Lester and Christopher Marchant report
News Round Up: Amundi; ISS ESG; GAM; Osmosis, Aviva, Astia, and more
Equity index launched focusing on plastic waste action leaders
Why are data providers flocking to impact? Part one: ISS ESG
How does ISS ESG help investors measure and report their impact, Michael Hurley asks
EU climate benchmarks complete regulatory journey
Two closely watched EU climate benchmarks intended to address the risk of 'greenwashing' are set to come into force before the end of 2020 after officially entering the official journal of the bloc.
Deutsche Börse buys majority stake in ISS
German financial exchange operator Deutsche Börse has acquired a majority stake in Institutional Shareholder Services (ISS), valuing the corporate governance and environmental, social and governance (ESG) data provider at over $2.2 billion.
Large numbers of Europe-listed companies 'less than 1% aligned' with EU taxonomy
About 77% of a sample of 75 Europe-listed companies have an 'alignment level' with the EU's taxonomy of sustainable activities that is equal to or lower than 1%, according to a study by ISS ESG and German thinktank adelphi.
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
Taiwan's TDCC launch ESG ratings dashboard
The Taiwan Depository and Clearing Corporation (TDCC) has launched a dashboard to help issuers and investors access environmental, social and governance (ESG) ratings for Taiwanese firms, using data from four partnered ESG data providers.
Germany launches innovative 'twin' bond green issuance programme
Germany has launched its first green bond framework which will see it issue green sovereign bonds every year alongside conventional bonds through an innovative "twin bonds" concept, in what has been described as a "major milestone" for sustainable finance in Europe's largest economy.