News

Sustainable bond investors must remember 'leopards never change their spots'

Fixed income investors must remember to be more sceptical around sustainable bonds from issuers that have a history of trying to "dazzle" investors, an Asian bond investor said.

FCA: 'SLL market making important steps towards more robust product'

The UK Financial Conduct Authority (FCA) has hailed the "important" improvements made by the sustainability-linked loan (SLL) in the last two years which produced a "more robust product structure".

ICJ opinion raises stakes for Omnibus as lawyer warns of 'legal time bomb'

The International Court of Justice's (ICJ) opinion on climate "reinforces" the likelihood of legal challenges of the EU's Omnibus simplification process if it guts key elements of sustainability rules such as those for transition plans, a lawyer has argued.

Achmea launches private equity impact fund

People Moves, 15 August: BII, CBRE IM and Charles Stanley

Cardano: 'We are stricter on SLBs - they must be something special'

Sustainable bond issuers have been urged to not be "opportunistic" with sustainability-linked bonds (SLBs), with Dutch asset manager Cardano arguing they like the performance-based instrument but it must be "something special" for it to buy.

BlackRock, JP Morgan, Vanguard lead on deforestation financing, says Global Canopy

Global Canopy has warned of a "troubling shift" amongst financial institutions acting on deforestation, identifying what it says is almost $9 trillion of financing to the "deforestation economy".

'Growing interest in blue bonds within Asian bond market'

Asian issuers are "actively exploring" blue bonds as the region continues to drive forward its "distinctive" and increasingly major role in global sustainable finance markets, according to Amundi.

Biochar given go-ahead for Integrity Council's voluntary carbon label

The Integrity Council for the Voluntary Carbon Market (ICVCM) has approved the first set of biochar methodologies to use the Core Carbon Principles (CCP) label.

LifeSight makes £450m commitment to Schroders Greencoat renewables fund

UK pension scheme LifeSight has committed to investing £450 million ($611 million) in the Schroders Greencoat Global Renewables+ Long-Term Asset Fund (LTAF) with the potential for additional commitments in the future.