News

ESG-backlash led to healthier conversations and increased sophistication, argued Parnassus

Parnassus Investments said it is enjoying "healthier" discussions on the topic of environmental, social and governance (ESG) as a result of US-based backlash it has faced.

Credit Agricole CIB 'strives to engage every client on SLLs'

Crédit Agricole Corporate & Investment Bank (CA-CIB) said the French lender "almost systematically" uses the sustainability-linked loan (SLL) structure within its client discussions, but has seen a "divergence" in ambition between Europe and Asia.

Debt market to play "pivotal role" in Asia's transition, says SGX

Sustainable debt issuance has "huge potential" to play a leading role in Asia's transition, according to SGX Group's Herry Cho, but issuer transition plans must be scrutinised.

QTC: 'More time and effort' needed on climate adaptation investment

Queensland Treasury Corporation (QTC) said more work is needed on defining climate adaptation investments to drive sustainable finance to this critical and impactful part of the market.

"Inflection point" reached on biodiversity in bond markets

Improving data and capacity mean biodiversity within fixed income markets has hit an "exciting inflection point" but warned issuance might remain limited, Morningstar Sustainalytics told delegates at an Environmental Finance conference.

Green bond investor focus on 'co-benefits' continues to grow, says QTC

Queensland Treasury Corporation (QTC) said investors are requesting more information on the social and economic 'co-benefits' of 'green' projects financed through its green bonds, adding that this trend is set to continue.

Impact investment momentum is unique and growing, Eurazeo claims

Market momentum for impact investing is "unique" and growing as institutional investors seek out new strategies from experienced investment managers, according to Eurazeo executive board member Sophie Flak.

People Moves, 7 June: Abrdn, Savills IM, CPP IB, South Pole ... and more

Investors call for ramping up of ocean biodiversity data coverage

A group of large global investors has called on ESG data providers to develop better coverage of ocean biodiversity to help manage risks and meet the wider goals of the Global Biodiversity Framework.

Singapore Taxonomy's CGT inclusion progressing - but without transition

Advanced work is underway for the Singapore-Asia Taxonomy to be added to the EU-China Common Ground Taxonomy (CGT), but it will not include the transition elements of the Singaporean sustainability list.