-
ICMA sustainable commercial paper guidance expected in 2024
16 August 2024The International Capital Market Association (ICMA) is expecting to publish long-awaited guidance on issuing sustainable commercial paper (CP) by the end of 2024 as interest in the instrument grows.
-
Putting transition plans to the test: Sustainable Fitch
16 August 2024Investors face a tough task scrutinising corporate transition plans - but an increasing number of tools promise to help. In the third article in a series, Michael Hurley examines Fitch's Transition Assessment
-
Investors have 'strong preference' for Capex over Opex in sustainable bonds
17 July 2024Fixed income investors still have a "strong preference" for sustainable bonds focused on capital expenditure (Capex) rather than operational expenditure (Opex), according to a survey by the International Capital Market Association (ICMA).
-
Ground-breaking 'Transition Loan Principles' expected by November
03 July 2024With formal principles on the horizon, the 'transition loan' market could be on the cusp of a new era - a dramatic step-change that could extend into the bond market. Ahren Lester reports
-
New ICMA metrics could help 'accelerate' biodiversity finance
01 July 2024An influential list of key performance indicators (KPIs) deemed appropriate for structuring sustainability-linked bonds (SLBs) has been updated - with the newly added metrics dominated by biodiversity-related datapoints, reflecting keen investor interest in the theme.
-
'Greenwashing' is the 'Loch Ness monster' of the green bond market
01 July 2024A veteran green bond market participant said 'greenwashing' was not really present in the green bond market despite substantial hand-wringing around the topic.
-
ICMA Principles to publish whitepaper on SLB 'best practices'
26 June 2024The International Capital Market Association (ICMA) working group on sustainability-linked bonds will publish a paper on the "best practices" in the market after ascertaining a "clearer idea" of how to improve the instrument.
-
ICMA working on detailed 'green enabling' project checklist after guidance
26 June 2024The International Capital Market Association (ICMA)-administered Principles is working on a "detailed checklist" to help issuers and investors use its newly released 'green enabling' project guidance.
-
ICMA, LMA release 'sustainability-linked loan bond' guidance
25 June 2024Two debt industry bodies have jointly published guidance for the issuance of bonds dedicated to financing sustainability-linked loans (SLLs) in order to develop a new sustainable finance product and support the credibility of the performance-based lending instrument.
-
Disclosure data checklist among ICMA SLB Principles updates
25 June 2024The International Capital Market Association (ICMA) has published an updated version of the Sustainability-Linked Bond Principles (SLBP) which includes a new disclosure data checklist intended to "harmonise" and strengthen disclosures for the performance-based instrument.