News

UK should 'issue sovereign sustainability-linked bond'

The UK government has been urged to issue a sovereign sustainability-linked bond in order to become a "global centre of sustainability-linked finance" as part of its commitment to become the world's first net zero financial centre, according to a thinktank.

LGIM: Divestment improved engagement with ICBC

Engagement with companies improved after their shares had been sold, Legal & General Investment Management (LGIM) has said.

Bond round-up: TenneT, American Express, Berlin Hyp, Deutsche Kreditbank ... and more

BNP Paribas sets carbon reduction targets

BNP Paribas Group has set financed carbon emissions intensity reduction targets for 2025 in three 'key' sectors: power generation, automotive and upstream oil and gas.

Webinar to explore green financial growth in Mexico

The growth prospects of the green bond market in Mexico will be the focus of a webinar presented by the IFC in collaboration with Environmental Finance.

Global sustainable inflows fall at fastest rate in three years

Global sustainable fund inflows fell almost 36% in the first quarter of 2022, the sharpest quarterly slowdown in three years.

Carbon budgets dataset wins investor support

The publication of a massive dataset outlining carbon budgets for companies across 12 sectors has the potential to boost the credibility of investor climate-related target-setting, and support regulation on reporting, observers have said.

EFRAG's proposed sustainability standards welcomed

The release of draft European corporate sustainability reporting standards has been hailed as a "much needed strengthening of EU disclosure rules".

50% of European bonds could be sustainable by 2026

Half of all bonds issued in Europe could be labelled green, social or sustainability (GSS) bonds by 2026, according to PricewaterhouseCoopers (PwC).

Green bonds 'lead to more granular engagement'

Green bonds typically lead to more granular discussions about projects than traditional bonds, a conference heard.