Archive

SMF raises IDR700bn from 'milestone' Indonesian social bond, sukuk

State-owned housing finance firm Sarana Multigriya Finansial (SMF) has raised IDR700 billion ($45 million) from a dual-tranche social bond and social sukuk as it launches an IDR9.5 trillion issuance programme.

NZBA welcomes first Chinese member but suffers second bank exit

The Bank of East Asia (BEA) has become the first Chinese member of the Net Zero Banking Alliance (NZBA), but US lender Blue Ridge Bank also became only the second member to "withdraw from" the UN-convened industry group.

Japfa: SLBs need to offer issuers 'more carrot than stick'

A ground-breaking sustainability-linked bond (SLB) issuer has hit back against investor demands for larger penalties for missing targets associated with the performance-based instrument, arguing that the market needs to offer "more carrot than stick" for issuers.

Bank of Japan warns of climate risk 'spillover' across industries from rise in carbon prices

Climate transition risks spurred by rising carbon prices could have damaging and widespread "spillover" effects across the Japanese economy - including to regional banks not substantially exposed to the worst-hit sectors, the Japanese central bank has warned.

Bond round-up: Colombia, Metawater, Mitsui OSK Lines ... and more

Mitsui OSK Lines to issue 'first' shipping firm blue bond

Japanese firm Mitsui OSK Lines plans to raise JPY10 billion ($70 million) through a blue bond in January, believed to be the first issued by a shipping firm using recent International Capital Market Association (ICMA) guidelines.

Winners of the 2023 Impact Awards revealed

The winners of Environmental Finance's 2023 Impact Awards have been announced.

Hong Kong green taxonomy due 'very soon'

The first version of the Hong Kong green taxonomy is due to be published "very soon" with the expectation it will be expanded into transition activities, according to a senior official at the financial regulator.

Morningstar fined by regulator in anti-greenwashing action

Morningstar has paid the Australian financial regulator AUD29,820 ($19,612) after it alleged the company retained exposure to weapons manufacturers via its ESG-themed funds despite claiming it excluded such companies.

Australian green bond framework includes biodiversity, climate adaptation

The Australian sovereign green bond framework has included climate adaptation and nature projects among its eligible activities alongside the more familiar climate mitigation projects, as the country moves closer to its mid-2024 market debut.