News

VCMI launches Claims Code to 'accelerate' credible carbon offsetting

A rulebook for companies that aims to speed up corporate use of credible carbon credits has been launched by the Voluntary Carbon Markets Integrity Initiative (VCMI).

Bond round-up: Hesse, Baden-Wurttemberg, Starwood Property ... and more

ICMA Principles 'to focus more on impact reporting'

The chair of the executive committee that oversees the sustainable bond 'Principles' said one of its priorities for the next year should be helping green bond issuers focus more on reporting impact metrics, as opposed to outcomes.

Winners of Environmental Finance's Sustainable Investment Awards 2023 revealed

The winners of Environmental Finance's annual Sustainable Investment Awards for 2023 have been announced.

BoE prepares transition plan based on TPT recommendations

The Bank of England is to publish next week a climate transition plan it says is based on the draft recommendations by the UK's Transition Planning Taskforce (TPT).

Singapore taxonomy to be delayed amid plans to add early coal phase-out

Singapore has revealed plans to include within its taxonomy of sustainable activities guidance on the early retirement of coal-related businesses - in a move that is set to delay the taxonomy's launch.

Cardano wants to use biodiversity 'acoustics' metric for whole portfolio

NatWest: US asset managers have rapidly caught up on climate

US asset managers have rapidly caught up when it comes to integrating climate change into their investment decision making, according to researchers.

Elderson: ECB willing to impose climate-related penalties

A senior official at the European Central Bank (ECB) said it is willing to issue periodic penalties or impose bank-specific capital add-ons for banks that do not demonstrate "full compliance with all our expectations" on climate and environmental risk.

Coal companies struggling to finance transition, says Fitch

Many coal companies in Asia are struggling to raise finance to transition their businesses, while coal is still seen as a strong opportunity, Fitch has said.