Ahren Lester

Sustainable bonds must evolve from 'signalling' to real world impact

The growth of sustainable bonds has not been matched by the growth of sustainable investment in the real economy, and this should be the focus of the market - even if this results in slower growth, according to a sustainable investment specialist.

Loan round-up: Sacyr, NETSTREIT, Ambea ... and more

Bond round-up: CEB, Heathrow Airport, Zurich ... and more

Severe ESG controversies lead to 5% share underperformance

NBIM tells EU to change course on mandatory ESRS climate, social disclosure

Norges Bank Investment Management (NBIM) said the European Commission should change plans to make some key climate and social corporate disclosure standards voluntary rather than mandatory.

'Others will follow' innovative Heathrow Scope 3 sustainability-linked bond

A banker involved in the ground-breaking Heathrow Airport sustainability-linked bond (SLB) predicted that other high-emitting sectors will follow its lead on Scope 3 greenhouse gas (GHG) emissions targets.

Chinese onshore green bond quality 'improving'

An increasing number of Chinese onshore green bonds are allocating all of their proceeds to green activities, with consolidation of the regulatory environment in the country expected to drive further progress.

Mizuho issues largest Japanese financial institution sustainable bond

Manulife: Green bonds 'imperilled' by net zero target setting

Canadian insurer and asset manager Manulife is concerned that the "blunt tool" of assessing alignment with net-zero targets for investment portfolio construction could "imperil" the future success of the green bond market.

'Samurai' sustainable bond growth trend expected to continue

The rapid growth in Japanese yen-denominated 'Samurai' sustainable bonds from foreign issuers is expected to continue, but Sustainable Fitch worries about the rise in private placements in the market.