News

'Promising' future for sustainable sukuk as record 2024 on track

Medium-term growth in sustainable sukuk issuance remains "promising" amid a record-breaking start to 2024 for the sustainable Islamic bond market, with some key markets seeing almost half of total sustainable bond issuance in sukuk format.

Carbon credit supply 'running ahead of demand', says MSCI

The supply of carbon credits is "running ahead of demand", MSCI has said, but predicted the implementation of Article 6 and CORSIA will continue to drive the market forward.

IETA launches Article 6 platform in Singapore

IETA, formerly the International Emissions Trading Association, and the Singapore Economic Development Board (EDB) has launched a platform to help Singaporean companies access high-quality Article 6 credits.

FCA sustainability labelling gets off to slow start

UK fund managers have been urged to adopt sustainability fund labels as a priority to address transparency and greenwashing concerns - but only one fund manager has confirmed publicly it will use the labels.

Sustainable Debt Round-up: Hong Kong, NatWest, Sodexo ... and more

Minority of sustainability-linked loan frameworks are 'high quality,' says Moody's

Moody's said a minority of the dedicated sustainability-linked loan (SLL) frameworks it has reviewed were judged to be high quality in terms of their metrics and targets set - in stark contrast to their bond equivalents.

'First-of-its-kind' nature restoration tracker launched

Nature data provider NatureMetrics has launched a 'first-of-its-kind' tool to track soil restoration.

South Africa considering SLB as sovereign sustainable bond debut looms

South Africa is considering issuing a ground-breaking sustainability-linked bond (SLB) as the sovereign continues to progress with its plans to make a sustainable bond debut soon.

Investor concerns at inadequate climate accounting prompt IASB explainer

"Strong demand" from investors who expressed concerns that climate-related information was not sufficiently captured in financial statements has prompted the International Accounting Standards Board (IASB) to publish examples to clarify its expectations.

Moody's: 'Stark difference' in debut sustainable bond issuers entering market in 2024

There has been a "quite dramatic" decline in new issuers entering the sustainable bond market in 2024 as issuers take longer to move from formulating frameworks to executing deals ...