Archive

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.

Sustainable bond impact report shortfalls trigger 'toxic mix of assumptions'

Sustainable bond issuer failure to publish post-issuance impact reports is a major problem in both emerging and developed markets, according to State Street Global Advisors (SSGA)...

Eight governments pledge over $160m to Global Biodiversity Framework Fund

Eight more governments have pledged an additional $163 million to the Global Biodiversity Framework Fund (GBFF) at COP16 in Cali, Colombia, including the UK, France and Germany.

S&P: Green Asset Ratio is 'incredibly exciting' part of EU Taxonomy - in principle

The "most exciting" part of the EU Taxonomy regulation are the Green Asset Ratio (GAR) disclosures for banks as it provides investors with clear links between financial and sustainability reporting, according to S&P Global Ratings.

Governance failings dominate ESG-driven ratings actions, S&P reveals

Governance failings were the most cited reason for a raft of more than 100 ESG-driven ratings 'actions' this year, S&P Global Ratings has revealed, as it said 47 issuers have been downgraded largely for ESG reasons.

MSCI appoints Trucost founder Mattison as head of ESG and climate

Richard Mattison will join MSCI as head of ESG and climate at the end of the month, having left rival S&P Global earlier this year.

Impact assets top $1.5trn, says GIIN

Sustainable sukuk a 'potential accelerator' for Islamic finance industry

Record sustainable sukuk issuance points to the catalytic potential of the market for interest in Islamic finance, S&P Global Ratings Mohamed Damak tells Ahren Lester

GGGI launches 'first-of-its-kind' carbon transaction facility

The Global Green Growth Institute (GGGI) has launched a carbon transaction facility that aims to support the scaling of international carbon trading under Article 6 of the Paris Agreement.

US, Japanese and UK banks lead 'forest-risk' investment

Banks across the US, Japan and the UK are leading investment into 'forest-risk' companies driving tropical deforestation, Global Witness has claimed, labelling it as 'reckless financing'.