Archive

M&G, Moody's chair UK ESG data and ratings code of conduct body

The UK Financial Conduct Authority (FCA) has convened a working group to develop a 'significant' voluntary code of conduct for ESG data and ratings providers, which will be co-chaired by M&G and Moody's.

ICMA principles could be adapted for 'sustainable repos'

The International Capital Market Association (ICMA) said that its existing sustainable bond principles and guidance could be "adapted for use in sustainable repos" in the future.

Sovereign sustainability-linked debt initiative launched

A World Bank and Asian Development Bank (ADB)-backed initiative to "catalyse" sovereign sustainability-linked debt issuance has been launched to provide technical support to increase the volume, quality and impact of such issuances.

China green bond principles 'important' but imperfect

Publication of the China GBPs has potential wide-ranging implications for the green bond market, but they remain a work in progress. Ahren Lester reports

China Green Bond Principles will 'ensure place in global market'

China has published its own green bond principles (GBP) broadly based on the standard administered by the International Capital Market Association (ICMA)...

IFC publishes step-by-step green bond issuance guide

Higher returns and greater impact from Asian green bonds, investors say

Green bond investors in the Asia-Pacific region could see higher returns and generate much greater positive climate impact than their peers in developed markets, attendees at Environmental Finance's 'ESG in Fixed Income' conference heard.

ICMA urges EU taxonomy flexibility to ensure usability - Updated

The International Capital Market Association (ICMA) has urged the EU to make its taxonomy "flexible" in key areas, including 'do no significant harm' disclosure requirements and the 'grandfathering' of current green bonds.

Mandatory EU green bond standard would cause 'major disruption'

The proposal of making an EU green bond standard mandatory for issuers would undermine sustainable capital markets worldwide,...

ICMA: 'Common ground' taxonomy should increase scope, not granularity

The International Capital Market Association (ICMA) has recommended that the landmark 'common ground' taxonomy (CGT) of green activities widens its scope to include additional categories and transition activities, but avoids developing the granularity seen in the EU Taxonomy.