Archive

Mitsui OSK Lines to issue 'first' shipping firm blue bond

Japanese firm Mitsui OSK Lines plans to raise JPY10 billion ($70 million) through a blue bond in January, believed to be the first issued by a shipping firm using recent International Capital Market Association (ICMA) guidelines.

Sustainability-linked shipping finance ready to set sail

Shipping firms could turn to more sustainability-linked finance after the IMO delivered a long-awaited net zero transition plan. Ahren Lester reports

Argos Wityu kicks off deploying climate action fund

ICMA publishes ESG ratings and data code of conduct

The International Capital Market Association (ICMA) has published a voluntary 'code of conduct' for ESG ratings and data products.

COP28: Global Stocktake nothing more than 'disjointed wish list', NGO says

The latest Global Stocktake drafted text is a "disjointed wish list" with weak language on reducing use of fossil fuels, an NGO has claimed.

People Moves, 8 December: General Atlantic, ISSB, ImpactA Global ... and more

ISDA to publish sustainability-linked derivative legal clauses

The International Swaps and Derivatives Association (ISDA) will release a set of legal clauses this month to promote sustainability-linked derivatives (SLD), in its first step towards standardising the nascent market.

COP28: IRENA's Energy Transition Accelerator grows four-fold to $4bn

COP28: Sovereign sustainability-linked finance task force launched

Eight development banks and financial institutions have launched a technical task force to support the development and growth of the sustainability-linked finance market for sovereign issuers to achieve global climate and nature goals.

'Greenhushing' punishable by regulators, IOSCO greenwashing paper says

Financial institutions under-reporting their sustainability credentials to evade investor scrutiny or regulatory requirements may be punished under existing regulations, according to a report by the board of the International Organisation of Securities Commissions (IOSCO).