• EU green and sustainable discussion enters 'more complex' cost debate

    24 May 2024

    A senior European Commission official said the debate on the EU Green Deal and sustainable finance is entering a "more complex" phase over its next five-year mandate as attention turns to cost and making the existing framework more market-friendly.

  • ICMA working on 'green enabling' activities guidance to counter 'greenwashing reflex'

    24 May 2024

    The International Capital Market Association (ICMA)-administered Principles is preparing to publish some guidance for 'green enabling' activities in advance of its annual general meeting (AGM) in June.

  • Working group to develop ESG ratings, data products code of conduct for Hong Kong

    17 May 2024
  • Difference between sustainable bonds, sukuk are 'quite minimal'

    15 May 2024

    The overall differences between sustainable sukuk and bond instruments are "quite minimal," according to experts - but recently published guidance remains a work-in-progress for building confidence in the market for issuers and investors.

  • Annual sustainable sukuk issuance to double 'soon' after guidance

    14 May 2024

    Annual issuance of sustainable sukuk could more than double to reach $30 billion "soon" amid rising interest for the Islamic sustainable finance instrument and the publication of key market guidance, market experts have argued.

  • ICMA, IsDB publish 'milestone' sustainable sukuk guidance

    29 April 2024

    The International Capital Market Association (ICMA), Islamic Development Bank (IsDB) and London Stock Exchange Group (LSEG) have published guidance on issuing sukuk aligned with the widely used Green and Social Bond Principles.

  • ICMA working group considering including avoided emissions in bond, loan principles

    28 February 2024

    The International Capital Market Association (ICMA) has set up a working group to consider including 'avoided emissions' in principles for sustainability bonds and loans.

  • ICMA draws up a 'Common Ground Taxonomy' for transition plans

    26 February 2024

    The influential trade association wants issuer to act on transition plans before regulations arrive, and has provided a high-level tool to get the process started. Ahren Lester reports

  • ICMA encourages 'early adoption' of transition plans as it unveils framework

    19 February 2024

    The International Capital Market Association (ICMA) has encouraged the "early adoption" of transition plans by companies, publishing a report which identifies three types of transition and provides an integrated transition plan framework.

  • Regulating ESG ratings: Mission impossible?

    02 February 2024

    As regulators around the world seek to define good practice for ESG raters, they are discovering the complexities of doing so, writes Michael Hurley