Archive

Deutsche Bank industry loans responsible for 30.8m tonnes of CO2 in 2021

Deutsche Bank calculated that its corporate industry loan book financed 30.8 million tonnes of CO2 equivalent per year (MtCO2e/y) in 2021.

NZBA pumped $38bn into oil and gas since launch

25 members of the Net Zero Banking Alliance (NZBA) have financed at least $38 billion of oil and gas funding since the group's launch under a year ago, according to pressure group ShareAction.

Coal terminal developer issues 'ridiculous' sustainability-linked bond

An Indian port operator developing a coal terminal has sparked controversy after it raised $400 million from its debut sustainability-linked bond.

Invesco: EU carbon price could exceed €100 in 2022

Invesco has predicted "there is a good chance" the price of EU carbon allowances could exceed €100 ($115) per tonne in 2022.

First European social housing securitised sustainability bond issued

UK affordable housing association Sage Housing has raised £280 million ($383 million) from a sustainability bond, believed to be the first social housing securitisation (SHS) in this format in Europe, Environmental Finance can reveal.

£100bn orderbook for record-breaking £10bn UK green bond debut

The UK secured a £100 billion ($137 billion) orderbook for its £10 billion maiden sovereign green bond, making it both the largest sovereign sustainable bond ever issued and the largest ever orderbook.

DWS 'firmly rejects' greenwashing allegations as regulators circle

German asset manager DWS announced it "firmly rejects" allegations that it overstated the extent of its environmental, social and governance (ESG) investing activities amid revelations that US and German financial regulators are investigating the 'greenwashing' claims.

People Moves 6 August: Natixis; Eurizon, US SIF and more...

Federica Calvetti moves to Eurizon from Deutsche Bank

Just 8% of EU bank lending is EU Taxonomy aligned, says EBA