News

Sustainable Bonds Insight 2023 published

After jumping to become a trillion-dollar market in 2021, challenges wrought by geopolitical conflict and inflation brought the more than a decade long growth of sustainable bond issuance to an abrupt end in 2022.

HSBC: Biodiversity investing in its 'infancy'

Biodiversity-related investing is "in its infancy" with only a "limited" number of relevant investment products available to investors, an executive at HSBC Asset Management has said.

Expect more 'social' talk from US bond fund managers in 2023, says Impax AM

Impax Asset Management (Impax AM) said US bond fund managers are expected to focus more on 'social' finance in 2023, after the US government-owned mortgage agencies launched 'social scores' for their huge mortgage-backed securities programmes.

Scope 3 reporting in Australia needed to 'even the playing field', RIAA says

An Australian investor group has called for the introduction of mandatory disclosures of Scope 3 emissions, to "even out" the competition the country is facing with other markets on sustainability.

Minimum standards for ESG benchmarks would face 'strong pushback', PwC says

The creation of mandatory minimum standards for all environmental, social and governance (ESG) indexes in the EU would likely face "strong pushback", PwC has warned in a report to the European Commission.

Emirate of Sharjah issues first Gulf state sovereign sustainability bond

The Emirate of Sharjah has raised $1 billion from the first sovereign sustainable bond from a Gulf state country and first sustainability bond from a Middle Eastern nation, with the deal more than twice oversubscribed.

ISSB standards to be ready by year-end, and will reference EU's

Eagerly anticipated global standards for sustainability reporting will be available at the start of next year, and will reference the EU's standards.

Swiss Life: Biodiversity impact opportunity thin on the ground

A Swiss Life co-manager of a listed equities impact fund has said the investment opportunity in companies having positive impact on biodiversity "remains thin".

People Moves 17 February: Alantra, Nikko AM, EcoAct

Jefferies: SBTs for nature to 'coalesce around a small group' of metrics

Corporations are likely to use a small number of sector-specific metrics to measure their contribution to nature-related targets under the draft Science Based Targets Network (SBTN) methodology for land, Jefferies Research has predicted.