News

DNV invests in NatureAlpha

Data provider NatureAlpha has secured investment from DNV Ventures, the corporate venture arm of assurance and risk management firm DNV.

EU sustainability rule cutback is chance to coalesce with 'global baseline' - IFRS chair

The EU's plans to reduce its sustainability reporting requirements present an opportunity to align more closely with the IFRS sustainability disclosure standards, according to the chair of the IFRS Foundation.

KEPCO drops sustainable bond label from US dollar issuance

South Korean utility firm Korea Electric Power Corporation (KEPCO) has launched its first US dollar-denominated bond transaction without a sustainable bond label in years,...

Sustainable debt round-up: UK, Japan, Hapag-Lloyd ... and more

Fannie Mae joins IBRD in exclusive $200bn sustainable bond club

US government-owned mortgage provider Fannie Mae has raised more than $200 billion from sustainable bonds, becoming only the second issuer to cross this milestone.

'Whopping guarantees' needed to help deal with forex risk, says fund manager

A fund manager investing in a frontier market has issued a call to action for multilateral development banks (MDBs) to help address foreign exchange risk.

Reform MDBs to do more transaction emerging market currencies, says OECD report

Multilateral development banks (MDBs) should be reformed to allow them to facilitate local currency debt issuance and financing, to help overcome the currency risk preventing capital flowing to emerging markets ...

EU advisers present taxonomy overhaul to 'cut reporting burden by one-third'

The EU should allow companies and financial institutions to use estimates and data proxies more widely when reporting alignment with the EU Taxonomy, among measures to reduce reporting requirements of businesses by "more than one-third", according to advisers.

Amoral financial markets need to be paid to invest more in emerging economies, says Aviva

From Jennifer Forrest in Paris

KfW green bond tap three-times oversubscribed

German development bank KfW has raised €3 billion ($3.1 billion) from a tap of its existing green bond due March 2032, with the deal attracting an orderbook of around €8.75 billion.