Archive

Second Latvian sustainability bond 2.4 times oversubscribed

Latvia has raised €1 billion ($1.2 billion) from its second sustainability bond, almost five years after its debut, with the seven-year deal attracting an orderbook in excess of €2.4 billion.

Up to 450 US companies to report impacts under non-EU ESRS, says EFRAG

As many as 450 US companies are set to be in scope of EU rules that will require them to report their sustainability impacts, according to estimates by the European Financial Reporting Advisory Group (EFRAG).

Environmental crime 'a significant financial risk', says TNFD

Battery storage: charging ahead

Investors are increasingly bullish about the technology, which can help address energy security concerns while enabling the transition. Michael Hurley reports

ADB backs sustainability-linked loan for farmers in India and Vietnam

The Asian Development Bank (ADB) has signed a $50 million sustainability-linked loan with agricultural supply chain company ETG to support smallholder coffee and cashew farmers in India and Vietnam.

Xylem achieves 'blueium' as investors seek water exposure

US water technology company Xylem's inaugural blue bond was over 10 times oversubscribed, highlighting growing investor interest in water-focused sustainable finance.

'Greenium is back' for Japanese sovereign transition bonds

The latest transaction in the Japanese 'climate transition' bond (CTB) programme suggests a "meaningful pocket of investor demand" for the instrument after a 'greenium' once again returned to the pioneering sovereign structure.

Exemption for asset managers in ESRS 'creates a reporting vacuum'

The EU risks creating a "reporting vacuum" that undermines investors' data needs if it proceeds with a proposal to exempt asset managers' reporting under the Corporate Sustainability Reporting Directive (CSRD), observers warned.

'Much better' investor demand for sustainable bonds persists

Strengthening interest among investors to increase their investment in labelled sustainable bonds despite plateauing issuance has ensured the asset class is attracting "much better execution dynamics".

TISFD to create financial sector recommendations

The financial sector will be a key focus for a social disclosure framework under development, Simon Rawson tells Genevieve Redgrave.