World Bank issues sustainability-linked notes for UBS clients
The World Bank has partnered with UBS to offer a bond linked to a sustainability index to help raise funds for its sustainable development work.
Allianz, KB Financial and Westpac named sustainability leaders
German insurer Allianz, Korean bank KB Financial and Australia's Westpac Banking Corp are the top financial sector performers in terms of corporate sustainability, according to Swiss asset manager RobecoSAM.
Banks making progress on combating climate change
Banks have made considerable progress in addressing climate risks and opportunities in their business practices to align with a 2°C global warming target, but it is still not enough, according to a new report.