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Lack of deforestation data 'not a good excuse' for non-disclosure, says WBCSD
24 September 2024A lack of data is "not a good excuse anymore" for not disclosing on deforestation, the World Business Council for Sustainable Development (WBCSD) has said, as it releases new guidance for financial institutions.
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BlackRock: AI is 'big help' for sustainable bond impact attribution
23 September 2024Early testing of artificial intelligence (AI) by BlackRock sustainable bond analysts has suggested that it is a significant help in correctly determining impact attribution to the use-of-proceeds of these bonds.
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Green bond reporting requirements are 'crazy'
20 September 2024The volume of green bond reporting requirements for participants is at "crazy" levels, according to panellists at the Environmental Finance's Sustainable Debt Americas 2024 conference held in New York this morning.
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Dow Chemical could issue second green bond in the future
20 September 2024Dow Chemical has not ruled out issuing a second green bond in the future, although any decision will not be made until after the US election in November.
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Sovereign SLBs challenging due to the nature of the issuer
19 September 2024Sovereigns across the world have embraced the sustainability-linked bond (SLB) instruments, with issuance increasingly being considered, but the nature of sovereigns creates some challenges for investors, the audience at Sustainable Debt Americas 2024 heard.
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Bloomberg launches transition plan credibility assessments
19 September 2024Bloomberg has launched a product it says can help investors judge the credibility of companies' transition plans and targets.
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Three-quarters of Article 8 funds potentially violate ESMA fund names rules, Bloomberg finds
18 September 2024Almost 75% of funds identified as promoting sustainable objectives under the EU Sustainable Finance Disclosure Regulation (SFDR) are invested in companies potentially exposed to fossil fuels and face having to change their names of violate incoming fund name rules.
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Franco-German transition plans work can inform credibility assessments, France's IFD says
13 September 2024France's Institut de la Finance Durable (IFD) is preparing a guide to help financial analysts judge the credibility of private sector climate transition plans, which it suggested will build on discussions with a German government-mandated expert group.
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Lack of detailed transition plans shows need for vigilance of climate 'leaders', NBIM says
12 September 2024Research showing that no high-emitting companies with decarbonisation targets has detailed plans to reach these shows investors must remain vigilant to inaction - even by companies viewed as climate 'leaders', according to a manager of Norway's $1.7 trillion 'oil fund'.
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Avoided emissions database ready for use from December, Mirova says
12 September 2024A database that will 'standardise' the calculation of avoided greenhouse gas (GHG) emissions is set to be published ready for use from December, one of its financial institution backers has said.