Archive

Elderson: ECB willing to impose climate-related penalties

A senior official at the European Central Bank (ECB) said it is willing to issue periodic penalties or impose bank-specific capital add-ons for banks that do not demonstrate "full compliance with all our expectations" on climate and environmental risk.

Coal companies struggling to finance transition, says Fitch

Many coal companies in Asia are struggling to raise finance to transition their businesses, while coal is still seen as a strong opportunity, Fitch has said.

Three Cambodian companies receive 'milestone' sustainable bond support

An initiative led by the Securities and Exchange Regulator of Cambodia (SERC), UN and Global Green Growth Institute (GGGI) has announced the three private Cambodian companies which will receive support to issue sustainable bonds, with three further firms to be targeted later in the year.

Free climate data repository to link with MAS, SGX disclosure portal

A free-to-use climate data platform launched by Emmanuel Macron and Michael Bloomberg is to link with a disclosure portal developed by the Monetary of Singapore and Singapore Exchange, it has been announced.

Plastic recycling startup raises CHF12m

'It will help us have more honest conversations'

Investors welcome the IFRS sustainability standards and say, by boosting comparability, they will aid engagement. Michael Hurley reports

Sustainable Fitch 'to launch transition assessment'

Sustainable Fitch is to launch a transition assessment for high-emitters this week, Environmental Finance has learned.

NA100 publishes nature-related engagement expectations, target sectors

ISSB to bring 'substantial costs' to companies, but could lower cost of capital

Applying the standards proposed by the International Sustainability Standards Board (ISSB) could bring "substantial" costs to preparers of the information, but also potential benefits such as a lower cost of capital.

Weakest investor ESG scores for banks 'not priced in' for bonds

Investors' proprietary environmental, social and governance (ESG) scores for major European banks "disagree a lot," and the weakest scores are clearly not priced into bond markets, ABN Amro research concluded.