Archive

US, Canada sustainable bond issuers 'diverging' on sustainability policies and impact

US and Canadian sustainable bond markets are "diverging" with regard to the quality of their overall environmental and social profiles and the impact of their specific labelled sustainable bond issuance, according to Sustainable Fitch.

Sustainable sukuk market on 'promising upward trajectory'

The sustainable sukuk market is on track for another strong 2024 for issuance as the Islamic finance instrument increasingly attracts debut issuers, regulatory support, and international investors.

Transparency needed to avoid nature greenwashing, says Sustainable Fitch

More transparency is needed on how companies are assessing the materiality of nature risks and substantiating claims, Sustainable Fitch has said, as more firms include nature metrics in their reporting.

Blue debt constrained by lack of opportunities, warns Sustainable Fitch

Despite seeing an increase in the level of issuance, the 'blue debt' market is being hampered by a lack of guidelines and investable projects, Sustainable Fitch has warned.

Mining set to benefit from 'significant' ICMA 'green enabling' update

The International Capital Markets Association (ICMA) guidance on eligible 'green enabling' projects for sustainable bonds is a "significant expansion" of use-of-proceeds, according to Sustainable Fitch- with mining projects set to particularly benefit.

Putting transition plans to the test: Sustainable Fitch

Investors face a tough task scrutinising corporate transition plans - but an increasing number of tools promise to help. In the third article in a series, Michael Hurley examines Fitch's Transition Assessment

DFCC Bank preparing first green bond in Sri Lanka

US natural gas risks downgraded, as Fitch updates transition scores

Fitch Ratings has updated its Climate Vulnerability Signals (Climate.VS) with changes for the nuclear, natural gas power and meat sectors among others.

'Promising' future for sustainable sukuk as record 2024 on track

Medium-term growth in sustainable sukuk issuance remains "promising" amid a record-breaking start to 2024 for the sustainable Islamic bond market, with some key markets seeing almost half of total sustainable bond issuance in sukuk format.

Moody's SPO share surge continues as 'big four' consolidate

The 'big four' sustainable finance second-party opinion (SPO) providers consolidated their market share in the first six months of 2024, with Moody's seeing another significant jump in share.