News

Church of England pensions to support climate resolution at Volvo

The Church of England Pensions Board will support a resolution at Volvo Group to publish an annual review of its climate-related policy engagement.

'AI to boost US renewables market'

AI and data centres are likely to boost the renewables market, according to Eurazeo, which is pushing back on sustainability guidelines for data centres.

ISSB warns of trade-offs after feedback that SASB work will 'dilute materiality'

Investors concerned that work to simplify industry-specific sustainability reporting will dilute the financial materiality focus of international standards have been told to expect "trade-offs" on coherence with other standards.

Pioneering Nordea 'EuGB' covered bond 'shows value of green label'

Nordea has raised €1 billion ($1.2 billion) from the first ever 'European Green Bond' (EuGB) issued in covered bond format, with investor demand demonstrating the added value a green bond label offers issuers in volatile markets.

Financials, emerging markets to be 'driver of transition bond growth'

Financial institutions and emerging market issuers are likely to be the key drivers of growth in transition bond issuance globally, an Environmental Finance and IFC webinar heard.

ICMA: 'Still waiting to see issuer, investor interest in transition bonds'

The ICMA said it is still too early to understand how issuers and investors will respond to the 'climate transition' bond label, but there is optimism that momentum is in its favour.

Sustainable debt round-up: Unédic, NBN, EdgeConneX ... and more

Middle East conflict generating sustainable investment opportunities, says Lombard Odier

Ongoing conflict in the Middle East is leading to sustainable investment opportunities, according to Lombard Odier.

UK's SDR regime has 'fallen short' and faces dim outlook, survey reveals

Far fewer funds than anticipated have adopted UK sustainability labels and asset managers were pessimistic about the possibility of future inflows to these funds, according to respondents to a survey.

UK biodiversity market standards released

The British Standards Institution (BSI) has released two new standards, for biodiversity and nutrient markets, setting out how to assess the credibility of credits.