Archive

Nordea issues innovative 'sustainability-linked loan' bond

Nordic lender Nordea Bank has raised $400 million from a bond to support its sustainability-linked loan (SLL) financing activity, a transaction which one investor in the multi-tranche deal described as an "innovative and creative" way for banks to scale such lending.

APG, Microsoft invest in €390m climate tech fund

Energy Impact Partners (EIP) has launched a €390 million ($391 million) European fund with support from impact and institutional investors, including Microsoft, Shell Ventures, APG and the Norwegian Ministry of Trade.

DBS announces decarbonisation targets

DBS has announced 'science-based' decarbonisation targets for seven sectors, as part of its aim to reach net zero by 2050.

$39trn investor group urges governments to step up climate action

533 institutional investors managing a total of about $39 trillion in assets have urged governments to enact climate policies to leverage private finance.

ISSB stakeholders want more information about materiality

IFRS Foundation head Lee White gives his assessment of some of the challenges facing the International Sustainability Standards Board. Peter Cripps reports

McKinsey & Microsoft create company carbon monitor

All commodities will be judged on environmental impact, says Xpansiv

Every commodity will be valued by its environmental footprint, argues Xpansiv, which is expanding its data offerings in anticipation that demand will grow for environmental, social and governance (ESG) impact data.

Munich Re calls for more clarity on sustainable underwriting standards

Internal and external standards required to embed sustainability into reinsurers' underwriting activities are not yet established and this is proving a concern for the sector, Munich Re's reinsurance CEO has warned.

TCFD adoption by exchanges surges

The adoption by global exchanges of Task Force on Climate-related Financial Disclosures (TCFD) recommendations jumped in 2022, according to a survey by the World Federation of Exchanges (WFE).

Palladium: 'Worrisome' subsidy challenge to natural capital

UK agricultural subsidies present a challenge for financing natural capital projects in the UK, an executive at management consultancy Palladium Group has said.