Archive

Mizuho to invest in carbon credit marketplace Climate Impact X

Mizuho Financial has invested in Singapore-based carbon credit marketplace Climate Impact X (CIX) as the Japanese financial giant looks to expand the "reliable and high quality" regional carbon market in Asia.

10% of sustainability-linked bonds 'not aligned' with ICMA principles, says Fitch

One in ten of the sustainability-linked bonds (SLBs) rated by Sustainable Fitch are "not aligned" with the widely accepted principles administered by the International Capital Market Association (ICMA), almost four-times the level for green, social and sustainability bonds.

EFRAG working with TNFD on 'interoperability map'

The European Financial Reporting Advisory Group (EFRAG) has said it is working with standard setters, including the Taskforce for Nature-related Financial Disclosures, on 'interoperability maps'.

Innovative $1bn 'blended finance' SDG loan fund launched

Allianz Global Investors (Allianz GI) and FMO Investment Management (FMO IM) have launched a UN Sustainable Development Goal (SDG)-aligned loan fund after successfully mobilising $1.1 billion for the innovative public-private investment fund.

'More rigorous' standards see biennial review register big drop in sustainable assets

A big drop in the total assets judged as 'sustainable' globally has been reported in the latest in a series of biennial reviews, with tightened criteria in response to a "rise in greenwashing and greenhushing".

SBTi asks financial institutions to pilot net zero and fossil fuels criteria

ESAP regulation proceeds for adoption after Council sign-off

NBIM plans $70bn sustainable private equity investment expansion

Norges Bank Investment Management (NBIM) is proposing updating the investment strategy for the NOK15.6 trillion ($1.46 trillion) Norwegian sovereign wealth fund to include net zero-aligned unlisted equity investments.

VCMI launches 'flexible Scope 3 claim' for carbon credit usage

The Voluntary Carbon Markets Initiative (VCMI) has launched a framework for allowing companies to credibly use carbon credits even though they are struggling to meet short-term reduction targets.

UK sustainability disclosure rules unveiled in 'important moment' for tackling greenwashing

The publication of UK sustainability disclosure requirements (SDRs), sustainable investment labels and an "anti-greenwashing rule" has been hailed "an important moment" in building trust in sustainability claims by investment funds.