News

Ostrum AM: 'Very interested' in more social sustainability-linked bonds

Ostrum Asset Management is "very keen" to see more social-focused sustainability-linked bonds come to the market, to allow for diversification from its current climate-focused investments in the performance-based instrument.

SBTi's financial sector framework will enhance its credibility, says IEEFA

The Science Based Targets initiative's (SBTi) proposed standards for financial institutions will help boost the initiative's credibility, says the Institute for Energy, Economics and Financial Analysis (IEEFA) - although there is still room for improvement.

NBIM: ESG ratings 'should disclose methodology change impacts'

Norges Bank Investment Management (NBIM) has urged regulators to require environmental, social and governance (ESG) ratings providers to be more transparent about the impact of changes to their methodologies.

Stage set for record-breaking 2023 sovereign green bond issuance

Sovereign green bond issuance in 2023 has already exceeded the level set in the whole of 2022, and is on course to surpass the record-breaking 2021 total.

Singapore prices SGD2.8bn green bond tap

Singapore is raising SGD2.8 billion ($2.1 billion) from a tap of its 50-year green bond, which takes the total raised by the city-state from its debut sovereign green bond to SGD5.2 billion.

People moves, 25 August: CommBank, ISS ESG, JTC, Summa Equity ... and more

Loan round-up: AirTrunk, Sime Darby Motors, Frasers Property ... and more

ESG ratings are down but not out, says ESG Book

The use of environmental, social and governance (ESG) ratings and scores are becoming less prominent in financial markets, but ESG Book said they remain a "powerful tool" for making a complex topic comprehensible and delivering investment strategies.

BlackRock increasingly opposes climate proposals, blaming their 'declining quality'

The world's largest asset manager has criticised the "continued decline" in quality of shareholder proposals, as it voted against significantly more climate-related proposals, ...

Bond round-up: E.on, Fibra Danhos, Elkem, Sdiptech ... and more