Archive

US muni sustainable bond market to grow in 2024, predicts S&P

US municipal issuance of sustainable bonds is forecast to grow 5% in 2024 as issuers are incentivised to return to the market and issuance sizes continue to grow, according to S&P Global Ratings.

Landmark green shipping loan loses CBI certification amid contract cancellation

A ground-breaking green shipping loan has had its Climate Bonds Initiative (CBI) certification revoked after the borrower revealed plans to cancel the ship order the loan was intended to finance.

Commission to delay review of Green Asset Ratio for banks

The European Commission is to postpone a review of the much-maligned Green Asset Ratio (GAR) reporting indicator for banks, a key figure at the EU's executive arm has said.

Rebranding natural resources strategies as natural capital is 'insufficient'

Comment: Can natural capital become its own asset class?

Investment in natural capital solutions is desperately needed, but many investors don't see a home for them in their portfolios, writes Peter Cripps

CSDDD agreed, in watershed moment, but is weakened to 'shadow of former self'

The EU passed a landmark sustainability reporting law which, although significantly weakened from previous versions, was described as "a watershed moment for corporate accountability".

Fidelity to focus on transition and executive pay this proxy season

Fidelity International has announced plans to vote on how companies are addressing climate change and tackling deforestation throughout proxy season.

People Moves, 15 March: Low Carbon, Persefoni, New Forests, CDP, EdenTree, SBTi ... and more

French SIF to give opinion on 'credibility' of Shell, Total and Glencore climate strategies

Investors are to receive an opinion on the credibility and ambition of the climate strategies published by European companies including Shell, Total and Glencore, to aid their voting decisions at the companies' shareholder meetings.

Nature in fiduciary duty debate is a 'rabbit hole', says Schroders

The debate about whether nature is legally part of fiduciary duty has turned into a "rabbit hole" that asset managers should avoid, Schroders argued, instead urging them to take a 'thoughtful' and holistic approach to nature.