Archive

New Zealand looks to remove barriers for sustainable bond issuance

A New Zealand regulator is exploring how to "remove potential barriers" for listed companies to issue sustainable bonds, in particular by reducing additional disclosures and costs for issuers.

Bond round-up: Saint-Gobain, BNG Bank, CBRE ... and more

ESMA proposes mandating ESG transparency in credit ratings

The European securities regulator has proposed requiring credit ratings agencies to explicitly state where and how ESG factors are incorporated in their methodologies.

Issuers worry capex-focused sustainability-linked bonds could 'backfire'

Carbon-intensive issuers are interested in tying sustainability-linked bonds (SLBs) to their 'green' capital expenditure (capex) plans, but are concerned that investors will begin to view these 'double' impact bonds as the only way they can access the market.

Saudi Arabian green finance framework an 'important but controversial step'

The Kingdom of Saudi Arabia has published its green financing framework, opening the door to major oil exporter issuing sovereign green bonds and sukuk.

Loans round-up: ThaiBev, ISF, Invenergy ... and more

LMA exploring 'transition loan' label as sustainability-linked debt flounders

The Loan Market Association (LMA) is exploring the creation of a label for loans that finance climate transition-themed projects or activities, as it considers how to drive more investment in 'hard-to-abate' sectors.

Saint-Gobain: EU Taxonomy 'opened green bonds for us'

French construction materials firm Saint-Gobain switched from sustainability-linked bonds to green bonds for its latest sustainable bond deal, after EU Taxonomy-aligned disclosures helped it identify eligible activities.

ASEAN Taxonomy extended to transport, construction and real estate

An update to the Association of Southeast Asian Nations (ASEAN) Taxonomy for Sustainable Finance has seen the ground-breaking 'green' list extended to cover the transport and construction and real estate sectors.

Bond round-up: NBN, Auckland, CEB ... and more