News

China Steel, CIP and banks in $1.6bn wind deal

An offshore wind project in Taiwan backed by China Steel Corporation and Copenhagen Infrastructure Partners (CIP) has agreed a $1.6 billion project financing package...

Fitch warns climate poses growing sovereign credit risk

Some countries are likely to default on their debts in the future due to the impact of climate change, credit agency Fitch Ratings has warned.

Bond round-up: Maersk, Hong Kong, EDF, Accor, Philippines, Singtel Optus ... and more

Pensioenfonds Detailhandel allocates €3bn to SDG bond fund

Pensioenfonds Detailhandel has allocated €3 billion to an impact-focused credit index...

Hong Kong plans renminbi green bond to encourage mainland issuers

The Hong Kong government is currently planning to issue its debut renminbi-denominated green bond in order to encourage issuers from the Chinese mainland...

'Significant risks' to credibility of EU reporting standard

The credibility of the forthcoming EU sustainable reporting standards (ESRS) is at risk because of the speed at which they are being produced, financial institutions have warned.

Green Finance Institute launches EU building coalition

The UK's Green Finance Institute (GFI) has launched a coalition to boost private investment in building renovations in EU countries.

HSBC, Euronext launch 'first' biodiversity equity index

HSBC and European stock exchange operator Euronext have launched a biodiversity-screened equity index series.

BlueBay launches ESG alternative to its multi-asset fund

BlueBay Asset Management has launched a fund that will use its own sustainability research to identify and avoid investments with excessive ESG risks.

IOSCO outlines 'milestone' ESG rating and data oversight recommendations

IOSCO has provided recommendations for securities regulators to strengthen their oversight of ESG ratings and data providers after "several areas of concern" were identified by market participants.