News

German court to rule on ISS ESG ratings report injunction

WCI Carbon Market Update, 23 March 2020

The short-term outlook for CCA prices is bearish after the Covid-19 outbreak triggered falls of 30% last week, says Nicolas Girod*

TPI findings 'raise red flag for COP26' amid lack of climate progress

Three Swedish firms invest in IFC's SEK 3bn coronavirus bond

Part of World Bank's $14bn financial package to help curb the pandemic

HSBC launches green loan programme for smaller businesses in Singapore

The Singapore arm of FTSE 100-listed banking giant HSBC has launched green loan programme for smaller businesses in the city state.

Expect limit to EU Taxonomy alignment by global peers

Partial alignment with the EU Taxonomy by some international peers may be the most investors can expect in the future, although the European Commission will promote international convergence on 'green' standards.

SwissRe targets $4bn in sustainability bonds

SwissRe has set a target to hold a total of $4 billion in sustainability bonds by 2024, after it reached $1.5 billion in green bond holdings.

Dai-ichi Life issues ¥1.1bn sustainability linked loan

Interest on loan reduced or exempted if client beats target score

MSCI: ESG premium continues through coronavirus crisis

The outperformance of environmental, social and governance (ESG) themed indexes has accelerated in the market turmoil caused by the coronavirus outbreak.

Carney: sovereigns benefit from green bond market 'success story'

Former Bank of England (BoE) governor Mark Carney has described green bonds as a "success story", while lauding the benefits of sovereign issuers entering the market.