Archive

People Moves, 8 August: EIB, T. Rowe Price, Global Canopy, Rebalance Earth ... and more

'Improved comparison needed for climate data products to be trusted'

More comprehensive comparison methods are needed if financial institutions are to fully trust commercial climate data products to inform their resilience planning or capital allocation, according to a climate scientist at Man Group.

Bank Australia to expand nature lending

Retail lender Bank Australia is set to expand its nature lending portfolio, labelling it as an area of "growth and opportunity".

Amundi: Asian sovereign sustainable bond issuers should look beyond local currency

Asian sovereigns should consider issuing sustainable bonds in global hard currencies - like the US dollar - to "really expand" their investor base, according to Amundi.

Why Rathbones sustainable bond fund rejected two labelled sovereigns

Labelled bonds currently account for about a third of the holdings of Rathbones' sustainability-focused bond fund, Bryn Jones tells Rob Langston

UK group readies guidance on credible transition finance

A UK-based Transition Finance Council is preparing to publish draft 'guidelines for credible transition finance' for consultation next week, whose chair says aim to show a "base case" for determining which entities are progressing in the energy transition.

Mizuho: Nature bond growth a 'natural next step' after 'symbolic' Japan debut

Japanese interest in the newly introduced 'nature bond' sub-label is off to a strong start amid the highly "symbolic" inaugural transaction from Nagoya City and growing momentum behind the critical sustainable finance theme, according to Mizuho Securities.

Bezos Earth Fund: 30x30 target only achievable with private funding and High Seas ratification

The Global Biodiversity Framework's 30x30 target has "collectively raised ambition", according to the Bezos Earth Fund, but it can only be achieved once policy moves in the right direction.

Climate-related legal risk being priced into loans, suggest ECB researchers

Climate-related legal risk is becoming systematically priced into corporate lending decisions, with companies targeted by lawsuits paying "significantly higher spreads" on their bank loans, according to researchers at the European Central Bank (ECB).

Rise of sustainability-linked pay undermined by unambitious targets, research says