News

QNB issues 'first' blue bond in Turkiye

QNB Türkiye has raised $125 million from a sustainable bond that includes a ground-breaking 'blue bond' tranche, becoming the first Turkish issuer to come to market with a sustainable water-focused deal.

HKMC issues largest social bond in Asia Pacific

Hong Kong Mortgage Corporation (HKMC) has raised around $3 billion from its third social bond transaction, becoming the largest social bond deal in Asia Pacific to date.

Supply chain opacity hinders understanding of nature risks, says DWS

An "alarming" lack of interaction between companies and their supply chains is hindering the assessment and management of nature risks, DWS has warned, as it urged investors to engage with portfolio companies on the issue.

Cautious reference scenario selection helps avoid greenwashing risk, says Mirova

Careful selection of reference scenarios is key for dodging greenwashing risks when calculating Scope 4 emissions, Mirova told an Environmental Finance event.

Sustainability assurance a 'huge opportunity' for auditors, says EIB

Sustainability assurance presents auditors with a "huge opportunity", but investment is needed to improve current capabilities, the European Investment Bank has told an Environmental Finance conference.

Current scenario analysis 'not decision useful' for pension funds - for now

High-level climate scenario analysis is not currently used by pension funds to inform investment decisions, an Environmental Finance event heard - but there are ways more focused and short-term scenarios that can be useful now and in the future.

BNP Paribas AM 'still exploring whether MSA can be used to steer investments'

BNP Paribas Asset Management has told an Environmental Finance conference that it is "not ready" to use mean species abundance (MSA) to steer its investments, and currently in the process of making sure its nature data strategy is "fit for purpose".

Scope 3 emissions are 'Loch Ness monster of sustainability reporting'

The low levels of Scope 3 emissions reporting despite its importance to investors for climate risk assessment has made it the "Loch Ness monster" of sustainability reporting, an Environmental Finance event has heard.

EthiFinance: EU ESG rating provider regulations 'not fair'

The expected final EU regulation for environmental, social and governance (ESG) ratings providers is "not fair" - especially for mid-cap providers, sustainable finance rating and advisory firm EthiFinance told an Environmental Finance event.

People Moves, 18 October: Rebalance Earth, AXA IM, PIRC, Revaia