Archive

Task Force on Nature-related Financial Disclosures working group announced

Ten 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).

Green and sustainability-linked loan round-up: Keppel, Cobra, Oatly, NMB

DBS Bank creates sustainable and transition finance framework

Singaporean financial services provider DBS Bank has established a 'sustainable and transition finance framework and taxonomy' to "provide a science-based approach to avoid greenwashing".

Olam signs $250m sustainability-linked loan

Olam 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.

$500m real estate green loan agreed in Singapore

Singaporean property manager GuocoLand has agreed a SGD730 million ($515 million) green loan for the construction of a residential and commercial development.

HSBC closes coal project funding loophole as pressure mounts

HSBC 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the bank to continue to fund coal projects in three countries, but campaigners continued to push for coal funding to be withdrawn altogether.

Link Reit agrees sustainability-linked loan

UPM signs sustainability loan linked to biodiversity goals

Malaysian banks fund coal power projects at expense of renewables

Malaysian 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.

Standard Chartered to exit three more coal projects amid tighter restrictions