REC-reduced emissions targets are 'not reputable', says MainStreet
The use of 'market-based' emissions targets for sustainability-linked instruments is "not reputable", as it demonstrates no long-term operational sustainability improvement, according to MainStreet Partners.
Sustainability-linked bond target rebasing threatens credibility of market
The baselines used to set sustainability-linked bond (SLB) targets are being changed "a lot" more than expected, in a trend that threatens the credibility of the market, MainStreet Partners has warned.
30% of sustainability-linked bond targets 'on track to fail'
Up to 30% of all sustainability-linked bond (SLB) targets on the market are "on track to fail," which MainStreet Partners said is getting close to "alarming" levels for issuers and investors.