Asia Pacific

ADB invests $25m to India EV-focused climate bond

Hong Kong publishes ESG ratings and data code of conduct

Hong Kong has followed jurisdictions including Japan and the UK in publishing a code of conduct for ESG ratings and data, covering aspects such as transparency of methodologies and avoiding potential conflicts of interest.

IFC commits $100m to HSBC's EM sustainable bond strategy

AIIB commits $100m to Actis' emerging Asia transition fund

Asia needs common sustainability taxonomy, thinktank argues

Green and transition taxonomies in Asia are too diverse, undermining comparability, a thinktank has said as it called for a "unified framework that aligns with international standards".

Patrizia MBK backs Philippines rooftop business with $100m

BII launches 'commercial investor' emerging markets facility

Pegasus launches Global South-focused sustainability lab

IFC backs Central Pattana's first SLB with $100m

Vanguard fined record AUD12.9m over greenwashing

The Australian federal court has fined Vanguard Investments Australia a record AUD12.9 million ($8.9 million) for making "misleading" ESG claims about exclusionary screens applied to investments in its Vanguard Ethically Conscious Global Aggregate Bond Index Fund.

ImpactA secures $5m from US-backed initiative

DBS expands into EU carbon market coverage

TPG Rise Climate raises over $1.2bn for Global South strategy

IDB Invest backs Colombia's Banco Finandina's first sustainable bond with $39m

Australian super funds increasingly looking at green bonds

As Australian superannuation funds "mature" on sustainability, they are increasingly looking at labelled bonds and expecting higher credentials from issuers, the Australian Office of Financial Management (AOFM) has said.