Loan round-up: DLG, U Mobile, Hyundai Mobis ... and more
Lloyds looks to energise 'slow' sustainability-linked derivative market
Lloyds Banking Group hopes the sluggish sustainability-linked derivatives (SLDs) market will accelerate in 2024, but argues that lots of industry work must be done before we see material transaction growth.
Investors welcome 'major step' of UK carbon markets regulation consultation
Investors have commended the UK government's commitment to consulting on regulating voluntary carbon markets.
Lloyds to ramp up sustainable agriculture financing
Lloyds Bank is set to increase its financing for farmers seeking to transition to more sustainable activities, through the use of mechanisms such as biodiversity credits, with "whatever they need", an executive has said.
'Even leading banking practices fail basic climate, biodiversity tests' - ShareAction
Most of Europe's largest banks have targets to reduce their greenhouse gas emissions to net zero - but very few banks have taken concrete steps to achieve this and even leading practices in the sector fail "basic" quality tests, according to research by non-profit ShareAction.
Scottish Widows urges £2.5trn UK pension industry to urgently close 'green gap'
Scottish Widows has urged other UK pension funds to help close the £2.2 trillion ($3 trillion) 'green gap' following its announcement of strengthened climate targets, arguing the "steady progress" on climate being made by the industry was "not fast enough".
UK social impact investment market passes £5bn
The UK's market for social impact investments jumped a fifth in 2019 to about £5.1 billion ($6.7 billion) in total, according to research by Big Society Capital.