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Conference round-up: Sustainability Data EMEA 2024

Now in its fifth year, Environmental Finance's Sustainability Data EMEA 2024 in London continues to shine a light on the rapidly expanding and evolving field of ESG data. Peter Cripps reports

ESG Data: 'Dream of common language will not be met without common translation'

The dream of a "common language" on environmental, social and governance (ESG) reporting can only be achieved in practice if we accept the need for a "traveller's translation guide" for global investors as well, an Environmental Finance event has heard.

Khan Bank raises $30m from first domestic Mongolian green bond

Mongolian lender Khan Bank has completed a $30 million fundraise from the first green bond listed in the domestic Mongolian market, more than a year after securing approval for the programme.

Trust building around carbon removal credits, says SIX

Growing trust in the carbon removal credit market could help build scalability and lead to new opportunities, according to SIX Group, as it becomes more regulated and demand for offsets grows.

Enable biodiversity credits with blockchain, says Global Canopy

Biodiversity credits should be created as a blockchain-enabled digital asset, rather than trying to retrofit, Global Canopy has said, despite challenges on linking to real world assets.

ING updates net zero assessment approach

ING has added the dairy and aluminium sectors to its Terra approach for steering companies in its lending portfolio to net zero by 2050, and highlighted the steel and residential real estate sectors as requiring further work.

ING further restricts upstream oil & gas financing

ING has further tightened its restrictions on financing the oil and gas sector, although one NGO branded the development as being "of little value".

Jefferies flags food, tiremaker stocks for investor scrutiny as EU Deforestation Regulation looms

Investors have been advised to scrutinise several companies for engagement, including Hankook, Nexen, Golden-Agri Resources and Darling Ingredients, as stocks potentially negatively exposed to EU rules set to impose strict due diligence requirements from next year.

BasisBank issues 'landmark' sustainability bond in Georgia

BasisBank has become the first commercial bank in Georgia to issue a sustainability bond, with the Tbilisi-based lender raising an initial $20 million from the deal.

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