News

• Poor data driving emerging- and developed-market ESG fund divide, says report

  01 February 2023

  Emerging markets-focused sustainable funds in the EU are 'disadvantaged' by unusable data, a report has found.

• EU Green Bond Standard 'tax haven' ban deal struck

  01 February 2023

  A deal around the proposed ban of issuers from 'tax haven' jurisdictions from issuing bonds under the EU Green Bond Standard (EU GBS) has been struck, according to a source.

• Mirova plans new agro-forestry fund

  01 February 2023

  Mirova is planning to launch a second version of its pioneering Land Degradation Neutrality (LDN) fund, and hopes to raise as much as $500 million, Environmental Finance has learned

• LSTA readies sustainability-linked loan drafting guidance

  01 February 2023

  Guidance for drafting sustainability-linked loan (SLL) documents from the Loan Syndications & Trading Association (LSTA) is expected to be finalised this month, including specific provisions around so-called 'sleeping SLLs'

• Moody's: Sustainable bonds to secure 'record' 15% market share in 2023

  31 January 2023

  Moody's Investors Service said a fresh trillion-dollar record for sustainable bond issuance in 2023 is "unlikely," but sustainable bonds are forecast to surpass their record-breaking market share set in 2022

• CBI: Green bond issuance to bounce back with 'stellar' 2023

  31 January 2023

  The Climate Bonds Initiative (CBI) has predicted a "stellar" year for green bond issuance in 2023 after more than a decade of annual growth was halted in 2022,...

• Asian ESG to be a 'winning strategy' in 2023, says UBS

  31 January 2023

  Investing in Asian sustainability leaders on sustainability will continue to be a "winning strategy" in the region, because of growing consumer awareness and regulatory developments, UBS has said.

• Transition investors need help to avoid greenwashing accusations, says Philippines regulator

  31 January 2023

  Investors and banks looking to retire Filipino coal assets early need more clarity on the transition, to avoid "undue greenwashing criticism", the Filipino regulator has said.

• Encouraging transition should be core to ISSB standards, Amundi says

  31 January 2023

  Standard-setters such as the International Standards Board (ISSB) should place greater emphasis on ensuring corporate disclosure of transition plans is detailed enough to help institutional investors, according to Europe's largest asset manager.

• US politics 'hampering' SEC climate disclosure rule objective

  30 January 2023

  A former senior US Securities and Exchange Commission (SEC) official said the political debate around its climate-related financial disclosure rule proposals has "lost sight" of its objective, and is making finalising the "right" rule difficult.