Ahren Lester

COP26: Self-interest to help settle critical climate ambition and 'who pays' questions

A rising global realisation that it is in the self-interest of each country to deliver climate action could help settle the thorny questions at the UN COP26 climate summit in November of ambitious targets and who funds transition investment in developing nations.

US SEC pens sample letter for companies with insufficient climate disclosures

The US Securities and Exchange Commission (SEC) has published an 'illustrative letter' it could send to companies...

High ESG ratings deliver 'persistent' outperformance in Europe - but not the US

Companies with high environmental, social and governance (ESG) ratings in the EU demonstrated "persistent outperformance"...

Green and sustainability-linked loan round-up: Cofco, Lavazza, Mediclinic, ISPT, KiwiRail ... and more

Bond round-up: UK, KfW, ABN Amro, Serbia, Smurfit Kappa, JSW Steel, GLP J-Reit ... and more

GLP J-Reit issues 'first' sustainability-linked green bond with 'step-down' coupon

Japanese real estate investment trust GLP J-REIT has raised JPY6 billion ($55 million) from a sustainability-linked green bond...

KfW expects to 'significantly' exceed 2021 green bond issuance target

German development bank KfW expects to "significantly" exceed its targeted green bond issuance total in 2021..

£100bn orderbook for record-breaking £10bn UK green bond debut

The UK secured a £100 billion ($137 billion) orderbook for its £10 billion maiden sovereign green bond, making it both the largest sovereign sustainable bond ever issued and the largest ever orderbook.

CME launches 'first' sustainable derivatives clearing service

Financial derivatives exchange operator CME is launching what is believed to be the first sustainable derivatives clearing service...

Financial firms must explore 'more radical' solutions to close SDG funding gap

The financial sector upped its funding for delivering the UN Sustainability Development Goals (SDGs) in 2020, according to a report, but it needs to provide "bigger and more radical" solutions because Covid-19 has "undone years of progress" towards meeting the targets.