CBI launches sustainability-linked bond certification scheme
The Climate Bonds Initiative (CBI) has launched a certification scheme for sustainability-linked bonds and company-level transition plans, in what the influential not-for-profit called a "major step forward" for financial markets.
Trafigura signs $500m low-carbon financing facility
Commodities trader Trafigura has established a 'low carbon aluminium' financing platform of up to $500 million, with Natixis and Rabobank supporting Trafigura in the design and structuring of the instrument.
Sustainability-linked Bond Principles mark new era for bond market
A set of Sustainability-linked Bond Principles (SLBP) was launched today, in a landmark move that is expected to kickstart a new market of labelled bond issuance that will "complement rather than act as an alternative" to the green bond market.
Unédic issues largest ever social bond
Unédic, France's unemployment insurance management body, has launched the world's largest ever social bond, raising €4 billion ($4.3 billion) to support its response to the Covid-19 pandemic.
ANZ issues New Zealand's 'first' ESG-linked loan
New Zealand-based dairy firm Synlait says it has secured the country's first environmental, social and governance (ESG) linked loan, after it agreed a four-year $50 million deal with Australia and New Zealand Banking (ANZ).
Natixis applies green weighting mechanism for CIB
Natixis has begun to apply a 'green weighting factor' (GWF) to its Corporate and Investment Banking (CIB) arm to weight its investments based on their climate impact.
EU taxonomy eligibility criteria ‘extremely stringent’, says Natixis
‘Transition activities’ included in the EU’s sustainability taxonomy have been described by French bank Natixis CIB as “extremely stringent”, in a report designed to assess the taxonomy’s usability.
Green and sustainability loans: the growth accelerates
The green and sustainability-linked loan market grew exponentially last year. The next growth spurt could be driven by emerging markets, Michael Hurley writes
Voltalia signs €100m sustainability-linked loan
French power producer Voltalia has signed a €100 million ($112 million) sustainability-linked loan, which the company claims is the first such deal by a pure-play renewables company.
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