Archive

Green enabling: opening Pandora's Box?

Guidelines on how to define 'green enabling activities' are pushing the boundaries of sustainable finance, Orith Azoulay tells Peter Cripps

ICMA working on 'green enabling' activities guidance to counter 'greenwashing reflex'

The International Capital Market Association (ICMA)-administered Principles is preparing to publish some guidance for 'green enabling' activities in advance of its annual general meeting (AGM) in June.

Net zero frameworks are 'missing' avoided emissions

A standardised accounting method for calculating 'avoided emissions' is necessary to support net zero transition plans, Natixis and Mirova tell Michael Hurley

CBI launches sustainability-linked bond certification scheme

The Climate Bonds Initiative (CBI) has launched a certification scheme for sustainability-linked bonds and company-level transition plans, in what the influential not-for-profit called a "major step forward" for financial markets.

Trafigura signs $500m low-carbon financing facility

Commodities trader Trafigura has established a 'low carbon aluminium' financing platform of up to $500 million, with Natixis and Rabobank supporting Trafigura in the design and structuring of the instrument.

Sustainability-linked Bond Principles mark new era for bond market

A set of Sustainability-linked Bond Principles (SLBP) was launched today, in a landmark move that is expected to kickstart a new market of labelled bond issuance that will "complement rather than act as an alternative" to the green bond market.

Unédic issues largest ever social bond

Unédic, France's unemployment insurance management body, has launched the world's largest ever social bond, raising €4 billion ($4.3 billion) to support its response to the Covid-19 pandemic.

People Moves, 6 March: DG FISMA, ResponsAbility, Carbon4 Finance

ANZ issues New Zealand's 'first' ESG-linked loan

New Zealand-based dairy firm Synlait says it has secured the country's first environmental, social and governance (ESG) linked loan, after it agreed a four-year $50 million deal with Australia and New Zealand Banking (ANZ).

Natixis applies green weighting mechanism for CIB

Natixis has begun to apply a 'green weighting factor' (GWF) to its Corporate and Investment Banking (CIB) arm to weight its investments based on their climate impact.