Bank of America CEO pleas for regulatory consistency on ISSB adoption
Bank of America's CEO urged regulators not to diverge from the IFRS Sustainability Disclosure Standards, as the banking head warned that doing so would deepen confusion of an 'alphabet soup' of sustainability reporting.
AFII: PPC target 'turnaround' shows 'strength of SLBs'
Greece's Public Power Corporation (PPC) is on "back on track" to meet its next sustainability-linked bond (SLB) target, despite missing an earlier one - which the Anthropocene Fixed Income Institute (AFII) said shows the positive incentive that the performance-based instrument provides issuers.
NZDPU mulls how to iron out data difficulties as it looks to support transition planning
The creators of a free climate data portal are working on addressing challenges surrounding reporting of carbon credits and restatements of climate targets, as they aim to turn it into an essential resource for transition planning.
Nest selects LOIM to build £5bn 'thematic equity' fund
Lombard Odier Investment Managers (LOIM) has been appointed to manage a "thematic equity mandate" that will be a default investment of rapidly growing UK pension fund Nest.
EU GBS could bring transparency but lacks guidance, IEEFA claims
The upcoming European Green Bond Standard lacks guidance on standardised impact reporting, the Institute for Energy Economics and Financial Analysis has claimed.
Partially liquid structures win over pension funds on renewables
'Semi-liquid' fund structures could help UK-based pension funds allocate more capital to renewables developments, Schroders Greencoat has claimed.
'Big four' sustainable finance SPO providers emerge in 2023
Sustainalytics, S&P Global Ratings, ISS and Moody's have emerged as the 'big four' second-party opinion (SPO) providers in the sustainable finance market in 2023, but the race for market share has tightened as the sector matures and consolidates.
Sustainable Bonds Insight 2024 published
The free-to-download report features infographics and data on the main trends in the GSSS markets in 2023 and includes brand new chapters and infographics dedicated to these new directions for the market.
German government urged to work with France to build on UK transition plan work
The German government has been told to work with France and the UK Transition Plan Taskforce (TPT) to build common expectations on corporate disclosure of climate transition plans, by a government-mandated expert group.
ICMA encourages 'early adoption' of transition plans as it unveils framework
The International Capital Market Association (ICMA) has encouraged the "early adoption" of transition plans by companies, publishing a report which identifies three types of transition and provides an integrated transition plan framework.