Archive

Banking on net zero ... by 2050

The Net Zero Banking Alliance has attracted some of the world's biggest lenders. What has been achieved so far, asks Thomas Cox

Denmark to issue debut 'twin' green bond in January

Denmark has announced it will issue its debut sovereign green bond in January which will replicate the innovative 'twin bond' concept launched by Germany in 2020, as it kick-starts its green bond programme intending to raise up to NOK12 billion ($1.3 billion) in 2022.

Environmental theme 'underperformed by 31% this year'

Stocks identified as environmentally-themed underperformed the wider market by 31% this year, BNP Paribas Asset Management has said.

Row over 'dangerous' TPI benchmark

ELFA calls for ESG data scale-up across leveraged loans

The European Leveraged Finance Association (ELFA) has found that environmental, social and governance (ESG) data vendor coverage is "severely lacking" for leveraged loans and high yield bonds, compared to investment grade companies.

Green bond issuers urged to disclose absolute carbon emissions

The Partnership for Carbon Accounting Financials (PCAF) has urged green bond issuers to begin disclosing the absolute carbon emissions...

First taxonomy act set to pass, 'no date' for nuclear, gas decision

The first set of climate criteria for the EU taxonomy appear set for safe passage this week despite threats to vote down the package - but there is still "no concrete date" for news of the Commission's second set to rule on the contentious issues of nuclear and gas.

'Investors won't play major role in transition'

Responsible investors are unlikely to play a major role in the transition to a low-carbon economy unless their active ownership becomes more effective, the EDHEC-Risk Institute has suggested.

1.5% of companies make CDP climate 'A List'

Out of 13,126 companies making disclosures on climate change, only 200 have made the CDP's 'A List' for climate change (1.5%) this year.

EU Taxonomy 'more an opportunity than risk' for shipping firms

The capital access risks posed by the EU Taxonomy regulation are "more an opportunity" than a risk for Nordic shipping firms, according to Danske Bank,...