Private banks' ESG boom tempered by greenwashing concern

Private banks have grown their sustainable investing product offering significantly in recent years, driven by client demand and regulation - but 'concern' remains about unsubstantiated claims of positive impact, researchers have said.

'Junk' sustainable bonds have weaker covenants

The covenants attached to 'speculative'-grade sustainable bonds in 2021 were weaker in quality than their non-sustainable bonds equivalents, with the trend demonstrated particularly among sustainability-linked bonds (SLBs).

EU board gender quota must be more ambitious

The EU should introduce a higher target for its recently introduced corporate board gender quota requirement, after data revealed EU firms are already in line with the current goal.