News

• ICMA Principles to publish whitepaper on SLB 'best practices'

  26 June 2024

  The International Capital Market Association (ICMA) working group on sustainability-linked bonds will publish a paper on the "best practices" in the market after ascertaining a "clearer idea" of how to improve the instrument.

• ICMA working on detailed 'green enabling' project checklist after guidance

  26 June 2024

  The International Capital Market Association (ICMA)-administered Principles is working on a "detailed checklist" to help issuers and investors use its newly released 'green enabling' project guidance.

• Dominican Republic launches $750m debut green bond

  26 June 2024

  The Dominican Republic plans to raise $750 million from its debut sovereign green bond.

• Disclosure frameworks are hyped up, says JP Morgan in speech disrupted by climate protester

  25 June 2024

  Policy makers need to "get real" about enabling the transition, instead of being "overly obsessed with disclosures", warned JP Morgan, in a panel discussion which was interrupted by a shouting climate protester.

  

• EXCLUSIVE: SBTi called on by 'Global South' to 'set a new direction'

  25 June 2024

  The Science-Based Targets Initiative (SBTi) has been called on by 69 organisations, who claim to represent the Global South, to allow the use of carbon offsets, alleging that their view is being ignored "by the decision makers" in the Global North.

• Nature and impact data firm has 'concerns' about data estimation issues

  25 June 2024

  Global nature and impact data provider GIST Impact has said it "shares concerns" about the accuracy of data estimates and machine learning models, calling for more standards to deliver legitimacy and more innovation.

• Net Zero Investment Framework reduces focus on financed emissions, warning of 'perverse outcomes'

  25 June 2024

  The second version of the widely used Net Zero Investment Framework investor transition planning guide has been published, with a reduced focus on encouraging the reduction of emissions linked to financing.

• ICMA, LMA release 'sustainability-linked loan bond' guidance

  25 June 2024

  Two debt industry bodies have jointly published guidance for the issuance of bonds dedicated to financing sustainability-linked loans (SLLs) in order to develop a new sustainable finance product and support the credibility of the performance-based lending instrument.

• Disclosure data checklist among ICMA SLB Principles updates

  25 June 2024

  The International Capital Market Association (ICMA) has published an updated version of the Sustainability-Linked Bond Principles (SLBP) which includes a new disclosure data checklist intended to "harmonise" and strengthen disclosures for the performance-based instrument.

• T Rowe Price elected to Principles ExCom

  25 June 2024

  T Rowe Price has been elected to the executive committee (ExCom) of the Principles, which are widely used as best practice guidelines for the sustainable bond market.