News

MSCI launches green, social bond and loan SPO service

MSCI ESG Research has launched a second-party opinion (SPO) service for green and social bond and loan issuers, which it claims "goes beyond" minimum market standards.

Singapore issues longest-duration sovereign green bond with debut

Singapore has raised SGD2.4 billion ($1.7 billion) from its maiden green bond which is believed to be the longest tenor sovereign green bond to date, with the 50-year deal more than twice oversubscribed.

Irish regulator launches climate risk guidance for re/insurers

The Central Bank of Ireland (CBI) has launched a public consultation on its newly created climate change risk guidance for re/insurers, and warned the peril should no longer be managed as an emerging risk.

'Sustainable' issuances could grow to be 15% of sukuk market, says Fitch

Sustainable sukuk are expected to represent 5% of the total sukuk market within five years - and could reach 15% over the "medium term", according to Fitch Ratings.

Xpansiv acquires Evolution Markets

Commodities exchange Xpansiv has acquired carbon markets broker Evolution Markets for an undisclosed sum.

People Moves, 5 August: Standard Chartered, PGIM, NN IP, Robeco, NN IP and more ...

ISS: Data 'greatest' issue for climate risk methodologies

Data gaps are the biggest barrier to banks as they look to understand climate risk, ISS ESG has said.

'Game-changing' zero-deforestation soy finance initiative launched

Three major UK supermarket chains have invested $11 million in a 'green bond'-backed soy farming finance initiative providing financial incentives for Brazilian farmers to commit to cultivating soy without engaging in deforestation or land conversion.

Loan round-up: Eni, BioMed Realty, HICL, Zegna, Esquel ... and more

Australian super fund NGS Super divests from oil and gas

Australian fund NGS Super has divested from companies involved in oil and gas exploration and production.