Archive

Enel SLB target miss 'to cost it $27m'

Investors are not pricing in the expected Enel sustainability-linked bond (SLB) target miss at the end of 2023 which could trigger a coupon step-up for more than $10 billion worth of debt, according to the Anthropocene Fixed Income Institute (AFII).

Call for more transparency on Scope 4 claims from fund managers

'Scope 4' emissions 'key' to assessing real world transition impact

Calculating the 'Scope 4' avoided emissions is "very important" if you are trying demonstrate the real world impact of your operations and investments, and is especially important when assessing companies that provide climate solutions, an Environmental Finance event heard.

Scope 3 data: imprecise and sometimes plain wrong

Estimates are being used to fill in holes and inaccuracies in corporate disclosures, while there are hopes satellite data will provide clarity, The Future of ESG Data heard

Redwheel launches first biodiversity fund

Sustainable investor Redwheel has launched its first biodiversity fund, targeting companies that mitigate biodiversity loss.

Europe's Green Bond Standard: A game changer?

The standard will remove the opacity that often clouds sustainable finance and protect sustainability-minded investors by ensuring their investments align with their values, writes Giuseppe Corsini

People Moves, 6 October: Legal & General, Bregal Investments, ESG Book, Bridges Fund Management... and more

Acciona: Impact in the sustainable bond market is very low

Frustrated by the limited impact of sustainable bonds, the Spain-based conglomerate has published an additionality-focused framework it hopes will help transform the market. Ahren Lester reports

People Moves, 22 September: Eurosif, Lightrock, Planet First Partners and Revaia

UK prime minister under fire from industry for weakening climate policies

UK prime minister Rishi Sunak announced he would delay a ban on the sales of new petrol and diesel cars and the phasing out of gas boilers, drawing a wave of criticism from investors and corporates who say the move harms plans for the transition.