Ahren Lester

Private-public investment fund launched to invest in emerging market green bonds

The partners behind the EU-led Global Green Bond Initiative (GGBI) have signed a strategic partnership with the Inter-American Development Bank (IDB) and IDB Invest ...

ICMA publishes blue bond guide in 'big step forward' for market

A long-anticipated blue bond guide has been published, in a "big step forward" for the development of the water-focused sustainable bond market.

ECB: Banks are 'on the horizon' of climate litigation surge

A senior European Central Bank (ECB) official has warned banks to "get up to speed" with rising climate-related litigation risk as he expects regulation and recent legal successes to result in an escalation of cases against banks.

NBIM: ISSB should develop biodiversity, human capital and rights standards

Norges Bank Investment Management (NBIM) has urged the International Sustainability Standards Board (ISSB) to focus on expanding its standards to biodiversity as well as human capital and rights topics over the next two years.

ISSB will build 'next level sustainability data muscle' in companies

The progress of the International Sustainability Standards Board (ISSB) disclosure standards will accelerate the shift towards more rigorous, "balance-sheet appropriate" environmental, social and governance (ESG) data, according to ESG Book.

NatWest: Transition plans still tricky under EU SFDR

Uncertainty still reigns among fund managers around how to handle investee transition plans under the EU Sustainable Finance Disclosure Regulation (SFDR), according to NatWest.

CRDB Bank to issue 'first' Tanzania green bond

Investors warn ISS of troubling inconsistencies in climate voting advice

A working group of the Institutional Investors Group on Climate Change (IIGCC) has urged proxy advisor ISS to integrate climate into its voting recommendations for investors on a "more robust and consistent basis" amid "troubling inconsistencies".

Loan round-up: Orsted, Olam Food Ingredients ... and more

REC-reduced emissions targets are 'not reputable', says MainStreet

The use of 'market-based' emissions targets for sustainability-linked instruments is "not reputable", as it demonstrates no long-term operational sustainability improvement, according to MainStreet Partners.