News

ICE acquires Urgentem

Intercontinental Exchange has acquired emissions and climate transition data provider, Urgentem.

Citi: Food system 'not fit for purpose'

The global food system is "not fit for purpose" due to its impact on the health of planet and people, analysts at US investment bank Citi have said.

SLBs risk becoming 'greenwashing' product for sovereigns

A senior European sovereign debt official cautioned that any funds raised through sovereign sustainability-linked bonds (SLB) should be linked to "commensurate" sustainability spending and action - or risk becoming 'greenwashing' products.

UBS: We need biodiversity stress tests

Finance needs to adopt a stress-testing approach for biodiversity loss, and should "expect" to see them introduced following climate stress tests, Swiss investment bank UBS said.

Loan round-up: Prysmian, RedTree Capital, D'Amico, CRE Logistics REIT ... and more

Lack of agriculture in EU climate taxonomy 'concerning'

The absence of agriculture from the EU's climate taxonomy for sustainable activities is "concerning", according to a representative of a sustainable food fund.

No oil and gas company has credible transition strategy

No oil and gas company has laid out a clear path away from fossil fuel production, said Sustainable Fitch.

Bond round-up: Rentenbank, Singapore HDB, OTP Bank, Idemitsu Kosan ... and more

NZAOA-sponsored research tackles Scope 3 pathways

Three publications commissioned by the Net-Zero Asset Owner Alliance (NZAOA) aiming to help investors calculate their Scope 3 greenhouse gas emissions have been published.

Strong demand for OPG's maiden 'nuclear' green bond

Ontario Power Generation (OPG) has raised CAD300 million ($232 million) from its oversubscribed debut 'nuclear' green bond, after updating its framework to include the controversial clean energy source.