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Task Force on Nature-related Financial Disclosures working group announced
21 July 2020Ten financial firms have joined a working group to develop a reporting framework for the impact of the financial sector on biodiversity and ecosystems to complement the Task Force on Climate-related Financial Disclosures (TCFD).
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Green and sustainability-linked loan round-up: Keppel, Cobra, Oatly, NMB
01 July 2020 -
DBS Bank creates sustainable and transition finance framework
30 June 2020Singaporean financial services provider DBS Bank has established a 'sustainable and transition finance framework and taxonomy' to "provide a science-based approach to avoid greenwashing".
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Olam signs $250m sustainability-linked loan
22 June 2020Olam has signed sustainability-linked revolving credit facility (RCF) worth $250 million, the third sustainability-linked loan the food and agriculture firm has signed over the last two years.
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$500m real estate green loan agreed in Singapore
19 May 2020Singaporean property manager GuocoLand has agreed a SGD730 million ($515 million) green loan for the construction of a residential and commercial development.
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HSBC closes coal project funding loophole as pressure mounts
01 May 2020HSBC has closed a controversial loophole which allowed the bank to continue to fund coal projects in three countries, but campaigners continued to push for coal funding to be withdrawn altogether.
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Link Reit agrees sustainability-linked loan
24 March 2020 -
UPM signs sustainability loan linked to biodiversity goals
17 March 2020 -
Malaysian banks fund coal power projects at expense of renewables
21 February 2020Malaysian banks continue to provide significant funding to coal power projects amid a rising number of international peers stepping back from such financing, according to a report by an Australian environmental pressure group.
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Standard Chartered to exit three more coal projects amid tighter restrictions
18 December 2019