Archive

EU Taxonomy to be reference in innovating bond market - ICMA

The International Capital Market Association (ICMA) believes the EU Taxonomy for Sustainable Activities will become a key reference as the green bond market moves beyond its current use of proceeds focus.

Meat industry "burying head in the sand" over climate risk

Many of the major global meat producers are failing to adapt to climate change challenges, a report has argued.

UPM signs sustainability loan linked to biodiversity goals

Australia's Wesfarmers agrees sustainability loan

Wesfarmers has signed a AUD400 million ($246 million) sustainability-linked loan with Commonwealth Bank of Australia.

WCI Carbon Market Update, 16 March 2020

The coronavirus outbreak has clouded the short-term outlook for California Carbon Allowances, but the long-term outlook remains bullish, says Nicolas Girod*.

Strong performance for green, social and sustainability bond funds in 2019

After a torrid 2018 green, social and sustainability bond funds experienced a stronger performance in 2019, off the back of a rallying fixed income market. But performances were highly variable, reports Ahren Lester.

RGGI auction price hits four-year high after New Jersey rejoins

The price of emission allowances in the latest auction of the Regional Greenhouse Gas Initiative (RGGI) carbon trading scheme reached $5.65, the highest clearing price since December 2015.

Lombard Odier launches 'climate transition' fund

Lombard Odier Investment Managers has launched a 'climate transition' fund that it says "pursues alignment with" a net-zero emissions economy, by investing in the best-prepared companies in heavily polluting sectors.

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.

People Moves, 13 March: KKR, Lombard Odier, Deloitte, HSBC, PRI, and more