Archive

Entering the ESG ratings fray

With its new ESG Ratings product, Fitch claims to offer the market's most comprehensive approach to entity, debt instrument and ESG framework ratings. Environmental Finance talks to Global Head of Sustainable Fitch Andrew Steel

Voting opens for Environmental Finance's 22nd Annual Market Rankings

Voting has begun in Environmental Finance's Annual Market Rankings - the largest and most closely watched survey of the world's environmental markets, which is now in its 22nd year.

Debut COP750bn Colombian green bond upsized amid strong orderbook

Colombia has raised COP750 billion ($198 million) from its sovereign green bond debut in a deal that was upsized by COP250 billion amid strong investor demand, making it the second South American sovereign to issue sustainable bonds.

African Development Partners fund 'exceeds target' to raise $900m

Development Partners International (DPI), an investment firm focused on Africa, has exceeded its impact fundraising target by $100 million, to raise a total of $900 million.

Short selling not a shortcut to net zero, says ISS ESG

Investors who short sell a stock in anticipation that a company's market valuation will drop in line with broader societal efforts to cut emissions have been warned they must clarify that such strategies do not necessarily translate directly into real-world emissions reductions.

Canada to expand climate disclosure requirements

The climate-related risk disclosure requirements of financial institutions in Canada will expand, the country's financial regulator has said.

Ford raises $15bn in first sustainability-linked facilities from a US automaker

Ford Motor Company has signed sustainability-linked revolving credit facilities worth a combined $15.5 billion, making it the first US automaker to tie its facilities to sustainability performance targets and one of the largest borrowers globally through this type of instrument.

Q&A with SEC's Allison Herren Lee

Ahead of her appearance at The Future of ESG Data conference, Commissioner Lee answers some questions about why the US Securities and Exchange Commission launched a consultation on climate reporting

BlueBay: Agriculture set for significant shift in climate risk pricing

The agriculture and land use sector is set for some "very significant shifts" in risk pricing related to climate change, BlueBay Asset Management has said.

UK green gilt uncovers 'pent-up' sterling green bond demand