News

Enel, DZ Bank join Principles ExCom as Fannie Mae exits

Enel, DZ Bank and BNP Paribas Asset Management were among those elected to the executive committee (ExCom) which develop the influential sustainable bond principles, but Fannie Mae's exit marks a quick end to US issuer representation on the executive.

People moves 23 June, including Blackstone, Moody's, Temasek and more

Church Commissioners for England renounces oil and gas majors

Church Commissioners for England has divested 11 oil and gas firms, including BP, Shell and Total, because of their lack of action to address climate change.

ICMA Principles: Transition handbook gets first update

The Climate Transition Finance Handbook (CTFH) has received its first revision since publication, as part of a broader update to the numerous bond principles and guidelines overseen by ICMA.

MuniFin considers social bond issuance in 2023

Finnish credit institution Municipality Finance (MuniFin) is considering a return to the social bond market in 2023, after it hiked its funding plans for the year.

Loan round-up: SUNeVision, Brim, Prime Infrastructure ... and more

EU banks 'want better short-term climate scenarios', report finds

Banks that underwent a climate stress test by the EU's regulator have called more robust scenarios to be used in future exercises.

ESG 'likely to be the dominant force in investing within five years'

ESG is likely to be the dominant stream of investing within five years, boosted by regulation and better prospects for returns, SIX has predicted.

Cut capital charges for blended finance transition funds, EU told

The European Commission has been told it should spur sustainable investments in low- and middle-income countries (LMICs) by reducing the charges incurred by insurers for backing blended finance funds.

Bond round-up: Commercial Bank of Dubai, Middle East spotlight, Kao, NLB ... and more