Archive

Transition bond label is a 'distraction' for transition finance, says MetLife IM

A dedicated 'transition bond' label for corporate issuers "distracts" from the forward-looking, long-term focus that transition finance requires, according to MetLife Investment Management (MetLIfe IM).

SBTi regrets 'misinterpretation' over offsets statement

The Science-Based Targets Initiative (SBTi) has sought to take the heat out of the furore surrounding its change of stance towards offsets, arguing its announcement was misinterpreted.

"Concerted effort" needed to move away from plastic, says Iceberg Data Lab

A "concerted effort" by the financial sector is needed to halt the impact of plastic on the environment and its role as a driver of deforestation, Iceberg Data Lab has said.

Impact taskforce drafts disclosure guidance for meeting SDGs

The Impact Disclosure Taskforce has published draft disclosure guidance to help corporate and sovereign issuers measure and disclose their efforts to achieve the UN Sustainable Development Goals (SDGs).

Microfinance firm issues first social bond in Panama

BBVA Microfinance Foundation-owned Microserfin has raised $5 million from the first social bond in Panama as part of a planned $40 million programme.

Mandatory plastic disclosure takes centre stage in treaty negotiations

Mandatory plastic disclosures for the financial sector could be one step closer as negotiations restart on a global plastics treaty, but the market has lamented the slow progress.

SEB warns of 'dire need' to tackle slowdown in sustainable bond market

A slowdown in growth of the sustainable bond market during the first quarter suggests it is "living off the boom years" and issuance is not where it needs to be to meet climate targets, warns SEB's Gregor Vulturius.

Comment: Are we finally ready to have a grown-up conversation about the transition?

There are encouraging signs we are starting to have a more sophisticated and practical conversation about how to invest in the transition, says Peter Cripps

US launches task force that will study CBAM-style rules

The US government has established a White House Climate and Trade Task Force to study ways it can tackle "carbon leakage, carbon dumping, and embodied carbon in general" and draw lessons from the EU's Carbon Border Adjustment Mechanism (CBAM).

US lawmakers approve bill seeking to block SEC climate rule