News

Build up capital buffers to withstand the climate crisis, insurers told

Insurers and banks are massively underestimating climate risk, and the financial institutions' capital buffers will prove largely insufficient to cover the resulting losses, according to Finance Watch.

ISSB to push for progressive improvements in climate scenario analysis

Businesses reporting in line with proposed international sustainability standards will be asked to progressively improve their climate-related scenario analysis, after a vote yesterday.

Sustainability-themed investors 'structurally disadvantaged', says DWS

Sustainability-focused investors are "structurally disadvantaged" compared to mainstream counterparts, by insufficient sustainability-related disclosure standards and high costs for data, according to research by DWS.

Impact bond issuance had 'buoyant' 2022, says ICE

Green, social and sustainability bond issuance fell 13% in 2022, to $771 billion - but the decline was modest compared to the drop in issuance in the broader bond market, according to the Intercontinental Exchange (ICE).

Foresight invests £19m in UK forests

Foresight Sustainable Forestry (FSF) Company has invested £19.2 ($23.7) million on forestry projects in Scotland and Wales.

Loan round-up: RealStep, Angola, social loan spotlight, Mexican CFE ... and more

'Too much expectation on financial institutions in transition to net zero', says UBS

Too much burden is placed on financial institutions in the transition to net zero, while NGOs are too quick to "give grief" to those who set transition targets, warned UBS.

Carbon credit labelling can tackle integrity concerns, says standards body

A labelling scheme to help investors identify 'high quality' carbon credits in the voluntary markets will propel the growth of credit sales in tandem with ensuring the integrity of the market, a senior figure at the body developing the label has said.

'Integrity council' readies first approvals of carbon credits programmes

A body aiming to bring 'integrity' to the voluntary carbon markets is preparing to approve its first carbon credits programmes, with a label to denote carbon credit quality set to be ready by September, it has said.

Video: Invesco's Lisa Tao on Asian corporates and their journey to net zero

Lisa Tao, senior credit analyst at Invesco, shares her thoughts on how Asian corporates are progressing in the move to net zero emissions.