News

Airlines unable to comply with CORSIA, warns IATA

Low supply of eligible credits is putting the success of the aviation industry's carbon offsetting scheme at risk, the International Air Transport Association has warned (IATA).

Deutsche Bank diverges from TNFD on water

Deutsche Bank has called on the financial sector to integrate 'life pillars' further into its activities but has diverged from the Taskforce on Nature-related Financial Disclosures' (TNFD) recommended approach.

BasisBank issues 'landmark' sustainability bond in Georgia

BasisBank has become the first commercial bank in Georgia to issue a sustainability bond, with the Tbilisi-based lender raising an initial $20 million from the deal.

Sustainable bonds getting 'more explicit' and focused on usage plans

Sustainable bond issuers are getting more comfortable with being increasingly focused and explicit around their use-of-proceeds intentions as investor expectations evolve, according to NatWest.

Just 1% of companies understand nature dependencies, warns World Benchmarking Alliance

An "overwhelming majority" of companies don't understand their impact or dependencies on nature, the World Benchmarking Alliance (WBA) has warned.

Glencore should commit to phase out newly acquired coal assets, Ninety One says

Mining giant Glencore should commit to phasing out coal mines it has acquired in its purchase of Elk Valley Resources, asset manager Ninety One has said.

People Moves, 9 August: US SIF, GIB AM, St James's Place, BlueOnion ... and more

Sustainable bond market share declines amid 'opportunistic' issuance trend

The decline in bond market share for sustainable bond in 2024 has been primarily driven by issuers trying to get to market quickly with deals rather than waning interest in sustainable bonds, according to Moody's.

Transition risk premium penalises high emitters, DNB research finds

Some high-emitting European companies are paying more than 40 basis points higher interest rates than companies with low or no carbon emissions over perceived transition risk, research by De Nederlandsche Bank (DNB) has found.

Unfolding conversation on EU carbon trading is "concerning", says IETA

While there are positive signs the Europe is "staying on course" with mandatory carbon trading, IETA has warned that the debate around EU policy is missing "very relevant elements".