Olam signs $250m sustainability-linked loan
Olam has signed sustainability-linked revolving credit facility (RCF) worth $250 million, the third sustainability-linked loan the food and agriculture firm has signed over the last two years.
Oman Shipping Co agree $35m sustainability-linked loan
The Oman Shipping Company has agreed a $35 million loan with Standard Chartered Bank in the Middle East, linked to company alignment with the UN Sustainable Development Goals (UN SDGs).
Corporate sustainable deposits top $2bn at Standard Chartered
Asia-focused bank Standard Chartered announced its corporate sustainable deposit product crossed the $2 billion mark only a year after being launched, helped by a "significant" deposit from EDF.
HSBC closes coal project funding loophole as pressure mounts
HSBC has closed a controversial loophole which allowed the bank to continue to fund coal projects in three countries, but campaigners continued to push for coal funding to be withdrawn altogether.
Telenor signs €2bn sustainability-linked debt facility
Telenor has signed a €2 billion ($2.2 billion) sustainability-linked revolving credit facility (RCF) to refinance an existing credit facility.
Stimulus packages could give 'green lining' to coronavirus cloud
Governments have an opportunity to use their significant fiscal responses to the coronavirus pandemic to help rather than hinder long-term progress on climate action. Ahren Lester explains.
Mizuho Financial faces first Japanese climate resolution
Mizuho Financial faces the first shareholder resolution in Japan, calling on the bank to disclose its climate risks and publish a plan to align investments to the Paris Agreement.
Malaysian banks fund coal power projects at expense of renewables
Malaysian banks continue to provide significant funding to coal power projects amid a rising number of international peers stepping back from such financing, according to a report by an Australian environmental pressure group.
CDP, CDSB urge companies to 'get ahead of the curve' of EU climate reporting
Companies in the EU have been urged to improve their reporting of environmental information ahead of changes to legislation that are set to ask for more detailed disclosures.