Archive

Co-chairs confirmed for TNFD working group

Three co-chairs have been nominated to lead the Informal Working Group (IWG) that is tasked with launching a work plan for the Task Force on Nature-related Financial Disclosures (TNFD):

Task Force on Nature-related Financial Disclosures working group announced

Ten financial firms have joined a working group to develop a reporting framework for the impact of the financial sector on biodiversity and ecosystems to complement the Task Force on Climate-related Financial Disclosures (TCFD).

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).

Pimco engages with 175 issuers for ESG portfolios

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the bank to continue to fund coal projects in three countries, but campaigners continued to push for coal funding to be withdrawn altogether.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.