News

Japan to announce debut sovereign transition bond in December

Japan is planning to issue its ground-breaking debut sovereign transition bond in February 2024, with further details on the size, maturity and expected issuance date released in early December.

People Moves, 17 November: Acadia Infra Capital, BRG

Singapore regulator launches Microsoft Chat GPT-powered ESG data platform

The Monetary Authority of Singapore (MAS) has launched an ESG data platform, which will use Chat GPT and other artificial intelligence (AI) tools to simplify ESG data collection and reporting, and is expected to be particularly useful for small to medium sized enterprises (SMEs).

Future of ESG Data Asia: Why one company is reducing its sustainability reporting to just nine metrics

A real estate firm plans to reduce the number of sustainability indicators it will report - from more than 300 to just nine - amid concerns the costs of assuring them could exceed those of its financial audit.

UK sustainable investment funds not living up to their name, FCA says

UK-based fund managers have been placed on notice by their regulator after it said many had failed to back up claims of sustainable investment, weeks before the publication of rules designed to tackle greenwashing.

Loans round-up: Egypt, Digital Edge, ESR Group/ChinaChem ... and more

$9.5trn group of asset owners calls for 'smarter not more' engagement on climate

A $9.5 trillion group of asset owners has urged their asset managers to set clearer objectives for climate engagement with their investees, as one member called for a 'smarter not harder' approach.

Uptake of SFDR Article 9 ETFs slow but 'progressive', says EFAMA

The uptake of UCITS exchange-traded funds (ETFs) registered as Article 9 under the EU's Sustainable Finance Disclosure Regulation (SFDR) continues to be significantly slower than Article 8, ...

BlackRock energy transition and circular economy fund raises almost $1bn

TNFD disclosures will drive biodiversity fund growth, says MSCI

Biodiversity funds are not yet seeing "mass market" interest from large institutional investors, but the rise of standardised nature-related disclosure means product demand is likely to grow, MSCI has said.