Archive

Natural gas company publishes transition bond framework

UK natural gas distribution network operator Cadent has published a framework for the issuance of potentially controversial transition bonds.

HSBC named largest green, social and sustainability bond manager

HSBC became the largest green, social and sustainability (GSS) bond market underwriter in 2019, in a year marked by rapidly accelerating diversification of the market.

Shipping - the trillion-dollar challenge

The growing support for the Poseidon Principles underlines the crucial role for finance in helping the shipping industry chart a course towards a greener future, says Ahren Lester

Nasdaq launches global green, social and sustainability bond platform

Nasdaq has launched an online platform to improve transparency across the green, social and sustainability bond market.

People Moves, 29 November

Investors up pressure on IEA to tighten climate scenarios

A group that includes Nordea, Zurich Insurance, Folksam, Alecta and Storebrand has pressured the International Energy Agency (IEA) to provide a “better analysis” of what it takes to restrict global warming to 1.5°C above pre-industrial levels.

A nuanced perspective on 'transition bonds'

Rather than talk about creating a transition bond label, let's talk about the broader direction of the labelled bond market, says Jacob Michaelsen

$150m green bond for oil tanker fleet in pipeline

Teekay Shuttle Tankers, a Canadian shipowner specialising in oil and gas transportation is looking to issue a $150 million green bond to fund the building of new tankers.

Pension funds and insurers commit to carbon-neutral investments by 2050

The newly launched alliance is responsible for $2.4trn in investments

Green bond index providers can help promote use of taxonomy, TEG member says

Index providers have been encouraged to help the adoption of the proposed EU climate taxonomy, by a leading member of the group that helped devise it.