Ahren Lester

South African central bank publishes climate stress testing model review

Half of European ESG leveraged loans have 'weak' target promises

Half of all European leveraged loans proposed in the second quarter of 2022 had "weak" environmental, social and governance (ESG) provisions in which they commit to set targets at a future date, according to Fitch Ratings-owned Covenant Review.

State Street: Extent of 'green shorting' in the market was surprising

State Street Global Advisors said it was surprised by the large extent of 'green shorting' interest it found in the securities lending market.

Loan round-up: EDP, HDFC, CBRE, Ardmore Shipping, Airtel Africa ... and more

SEC climate rules could have 'meaningful' impact on private firms

The climate disclosure rules proposed by the US Securities and Exchanges Commission (SEC) could have a "meaningful" indirect impact on private firms despite not currently covering unlisted companies, according to a report.

Bond round-up: Bank of Communications, Singapore, SELP, Innergex, Maruha Nichiro ... and more

India has tremendous scope for blue bonds, says regulator

The Securities and Exchange Board of India (SEBI) has opened a consultation on the potential of 'blue' bonds in the country alongside proposed updates to its green bond standard to align more closely with the Green Bond Principles (GBP) amid lacklustre uptake of its framework.

US Senate passes 'game-changing' $369bn climate investment package

The US Senate has passed the flagship economic package of President Joe Biden which includes $369 billion dedicated to climate and clean energy investment, in a development one investor described as "shifting the world's largest economy forever towards a greener future".

China Green Bond Principles will 'ensure place in global market'

China has published its own green bond principles (GBP) broadly based on the standard administered by the International Capital Market Association (ICMA)...

MSCI launches green, social bond and loan SPO service

MSCI ESG Research has launched a second-party opinion (SPO) service for green and social bond and loan issuers, which it claims "goes beyond" minimum market standards.