Ahren Lester

£9.2bn flagship BlackRock pension strategy adopts climate target

BlackRock has announced that its flagship £9.2 billion ($11.2 billion) default pension strategy in the UK has adopted a formal environmental, social and governance (ESG)-focused investment policy, including a specific emissions target.

Global carbon credit registry integration project launched

The International Emissions Trading Association (IETA), World Bank and Singapore have launched a open-source project to improve interoperability of global carbon credit registries.

S&P acquires Shades of Green from CICERO

S&P Global has bought second-party opinion (SPO) provider Shades of Green from climate research firm CICERO for an undisclosed sum

Snam's return to transition bonds 'a big sign' SLBs are under pressure

The return of Italian energy firm Snam to the controversial transition bond market is a "big sign" investors are pushing for more ambition from sustainability-linked bond (SLB) issuers, according to a banking source.

Involving asset owners in ESG sovereign bond engagement delivers 'big changes'

The co-engagement of asset owners and fund managers with sovereign bond issuers can deliver "big changes" on environmental, social and governance (ESG) topics,...

MSCI touts green bond carbon footprinting tool as long-sought solution

An MSCI portfolio emissions tracking tool has been billed as the 'greenness' metric the green bond market has sought since inception, with the firm arguing it could "transform" green bond financed emissions accounting and investment processes.

China urged to close state-owned enterprise green bond loophole

The Institute for Energy Economics and Financial Analysis (IEEFA) has urged China to close a "problematic" use-of-proceeds loophole for state-owned enterprises issuing green bonds in order to end the fragmentation of the Chinese market.

Loan round-up: Nissan, Biocon Biologics, Places for People, QNB Finansbank ... and more

Bond round-up: PacifiCorp, Umicore, Mediobanca, Norsk Hydro ... and more

AFII: Milestone 'first' SLB step-up should give investors confidence

The sustainability-linked bond (SLB) market has reached a milestone after the "first" step-up was triggered by PKN Orlen...