Archive

Is politics ignoring the climate-and-nature crisis?

Addressing both climate and nature is a business imperative, despite the deafening political silence, argues Andrew Coburn

Piecemeal rollback of sustainability rules more likely than review of CSRD, observers say

A full review of the EU Corporate Sustainability Reporting Directive (CSRD) to reduce the reporting burden on corporates is unlikely, but a more politically conservative European Parliament could see a piecemeal rollback of regulations, a lawyer has said.

Climate change adaptation has 'picked up' in sustainable bond market

The identification of 'climate change adaptation' use-of-proceeds in sustainable bonds has "picked up" over the last couple of years, according to Environmental Finance Data (EF Data).

Sovereign sustainable bond issuance 'on track' for another record year

Sovereign sustainable bonds are "on track" for another record year of issuance in 2024 after another strong quarter with a record-breaking market share, according to Environmental Finance Data.

Central banks face tough questions to balance climate work and inflation, NGFS says

Plans by central banks to escalate monetary policy measures to tackle climate-related financial risks may have to be revisited to consider their utility in the current raised interest rate environment, according to the Network for Greening the Financial System (NGFS).

People moves, 12 July: Carbon Trust, Energy Impact Partners and MainStreet ... and more

Regulator's survey of five French asset managers finds none fully compliant with SFDR

None of the five French asset managers surveyed by their regulator was fully compliant with the EU Sustainable Finance Disclosure Regulation (SFDR), owing largely to a lack of reliable data, it has been revealed.

New UK government urged to 'improve credibility' of green bond programme

The new UK government has been urged to provide greater use-of-proceeds clarity and outline a "comprehensive" medium-term green financing strategy to improve the credibility of future green bond issuances from the major sovereign issuer, according to a think tank.

Khan Bank to raise $130m from first social bond in Mongolia

Mongolian lender Khan Bank is preparing to raise up to $130 million from the first social bond from a Mongolian issuer.

SDR and the need for independent assessment

Some asset managers plan to use internal controls, such as the risk management function and sustainability committee, to perform the independent assessment required under the Sustainability Disclosure Requirements, writes Annie Omojola