Ahren Lester

Calvert Impact raises $30m from initial C-PACE 'Cut Carbon' bond issuance

Calvert Impact Capital has issued its first 'Cut Carbon Note', with future deals expected to grow the amount raised by the performance-incentivised instrument to $400 million.

Middle East sustainable bond issuance surges ahead of COP28

Total sustainable bond issuance from Middle East issuers is already at a record annual total in 2023 as corporates and sovereign issuers set new highs ahead of what could be a busy final three months.

IDB Invest raises MXN3.5bn from third social bond

Third quarter sustainable bond issuance slumps on green bond lull

Sustainable bond issuance in the third quarter of 2023 sunk to levels not seen for three years, as green bonds struggled to cross the $100 billion quarterly total for the first time since 2020.

Chile raises UF24m from landmark sustainability-linked bond

Chile has raised UF24 million ($925 million) from its first sovereign sustainability-linked bond (SLB) issued in the local non-circulating currency, with the inflation-linked deal more than three times oversubscribed and attracting international investors.

'Scope 4' emissions 'key' to assessing real world transition impact

Calculating the 'Scope 4' avoided emissions is "very important" if you are trying demonstrate the real world impact of your operations and investments, and is especially important when assessing companies that provide climate solutions, an Environmental Finance event heard.

Green, social bonds 'perform better' than sustainability bonds

A sustainable fixed income investor prefers dedicated green and social bonds over sustainability bonds because they perform better in secondary markets.

Scope 3 data: imprecise and sometimes plain wrong

Estimates are being used to fill in holes and inaccuracies in corporate disclosures, while there are hopes satellite data will provide clarity, The Future of ESG Data heard

Bond round-up: Netherlands, Uzbekistan, AIB ... and more

The Future of ESG Data conference: Scope 3 emissions double counting 'not much of an issue'

'Double counting' of emissions in Scope 3 calculations is "not much of an issue" and can actually be an "important" factor in carbon risk management, market experts told an Environmental Finance event.