Abengoa to reduce its stake in yieldco

Rise in net zero targets not matched with credible transition plans, LGIM says

An increase in the number of companies which have set targets to reach net zero greenhouse gas emissions has not been matched by a rise in "credible" climate transition plans, Legal & General Investment Management (LGIM) says.

Fewer than half of US listed companies have net-zero target, S&P says

Turk Telecom readies $500m sustainability bond debut

Turk Telecom is preparing to raise up to $500 million from its inaugural sustainability bond, which would make it the first Turkish telecommunications firm to enter the sustainable bond market.

Singapore and UK step up work to boost transition finance

Article 6 body to look at carbon credit financier rights

The supervisory body overseeing the development of a UN-led global carbon market is to look at the rights of carbon project financiers, following concerns from market participants.