Ahren Lester

Generali issues first 'green' cat bond

Italian insurer Generali has sponsored a €200 million ($239 million) 'green' catastrophe (cat) bond, believed to be the first 'green' insurance-linked security (ILS) ever issued.

News round-up: M&G portfolio targeting 'Paris-alignment'; Mirova fund hits $1bn milestone; Royal London sets net-zero goal

Record-breaking ESG resolution season in 2021 as majority votes abound

The "unprecedented" level of majority shareholder votes in favour of environmental, social and governance (ESG) proposals...

EBA discourages emergence of sustainability-linked AT1 bonds

The European Banking Agency (EBA) has discouraged EU banks from issuing additional tier 1 (AT1) capital instruments in sustainability-linked format, arguing the penalties associated with a missed target could encourage early redemption of the bond.

Green and sustainability-linked loan round-up: Lam Research, Ramsay Health Care, Hapag-Lloyd, AAK ... and more

Bond round-up: Unedic, Kaiser, Santander, HP, OneMain, Telus, Generali, Slovenia ... and more - Updated

Nomura, HSBC and ING among ASEAN sustainable finance working group members

An industry advisory panel (IAP) of sustainable finance has been launched by the ASEAN Capital Markets Forum (ACMF)...

US climate disclosure tussle develops over SEC filings role

A tussle is developing over whether mandatory climate disclosures in the US should feature in the closely scrutinised annual regulatory filings or as a separate document, with some major firms opposing inclusion in annual filings but some significant investors backing such a move.

Green and sustainability-linked loan round-up: Ivanhoe Cambridge, Hines, PRT Growing, Furla ... and more

Bond round-up: Enel, JBS, Hannon Armstrong, Southern California Edison, Canada ... and more - Updated