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Issuers get taste for 'Wonton' green bond market

Foreign issuers are turning to the Hong Kong market for their green bond issuances amid "strong demand" for labelled sustainable bond instruments among local investors, with the International Finance Corporation (IFC) and Standard Chartered both debuting public 'Wonton' green bonds this month.

'Very significant demand for methane abatement use-of-proceeds'

Issuers are considering methane abatement-focused sustainable bonds amid "very significant" investor demand for such instruments, but a senior banker said the market waiting for an issuer to take the first step.

Preparations begin for nature transition planning network

A working group, led by the WWF and CDP has launched to explore how a nature transition planning network could be developed to help companies integrate nature in a "coherent, actionable way".

Inconsistencies in how credit ratings consider ESG factors, UK regulator says

Credit ratings agencies in the UK have been told to clarify how they consider environmental and social factors in ratings and address inconsistencies in documentation, after a review by their regulator.

Canada's Investors for Paris Compliance to sunset after reaching 'limits'

An initiative to hold listed companies in Canada accountable to their net-zero promises is to wind down after reaching the limits of what it could achieve.

Typhoon triggers instant insurance payouts for Vietnamese coffee farmers

A parametric insurance policy for Vietnamese coffee farmers backed by insurance brokerage Willis and risk transfer specialist Global Parametrics has been triggered for the first time after a typhoon hit farmer yields.

ČEZ Group prices €750m inaugural European Green Bond with nuclear allocation

Czech utility ČEZ Group has priced a €750 million ($870 million) inaugural European Green Bond under the EU's Green Bond Standard, with proceeds expected to support nuclear energy investments alongside renewables and grid projects.

West Yorkshire Pension Fund open to Shell escalation

West Yorkshire Pension Fund (WYPF) is keeping an "open mind" on whether to escalate its engagement with Shell, after backing a resolution on its transition away from oil and gas.

Macquarie faces shareholder revolt over 'climate back-peddling'

Australia's Macquarie Group faces questions from shareholders about whether its lending and investment activities are aligned with Paris Agreement goals, after accusations of 'back-peddling' of its climate commitments.

Sustainable debt round-up: IBRD, Ireland, Hong Kong ... and more