Christopher Marchant

CLP criticised for transition bond framework targeting natural gas

Hong-Kong based power company CLP Group has faced criticism for publishing a revised transition bond framework that still includes the construction of natural gas-fired power plants.

Business alliance calls for major changes to UK policy following pandemic

UK-based business alliance The Aldersgate Group has called for a wide range of green-based policy responses to guide the economic rebuild in the wake of the Covid-19 pandemic.

Paint it brown

After devising a taxonomy of green activities, the EU has been called on to create a 'brown' taxonomy. Would it be a help, or an unnecessary complication, asks Christopher Marchant

People Moves 12 June; SEB, Green Bond Principles, Pollination Capital, Bank of America, LSEG, UN Biodiversity Convention, Finance for Tomorrow, Eversheds Sutherland

Cubico refinances solar project with €250m green loan

Cubico Sustainable Investments has achieved financial close on the refinancing of the 50MW Arenales concentrated solar power (CSP) project in Seville, Spain.

Link REIT secures HK$1bn sustainability-linked loan

Hong Kong-based Link Asset Management Limited, manager of Link Real Estate Investment Trust (REIT), has signed a five-year sustainability-linked loan of HK$1 billion ($130 million) from OCBC Bank.

Elections leave GBP executive committee unchanged

All the members of the executive committee of the Green Bond Principles and Social Bond Principles (GBP & SBP) who were up for re-election have maintained their places.

Industry heads call for ESG data register across EU

Danish pension fund divests from oil companies

Denmark's MP Pension has divested from 24 oil companies, meaning it has now sold holdings worth a total of DKK900 million ($136 million) in oil companies.

Norges Bank calls for 'financially material' ESG disclosure by companies

Norges Bank Investment Management (NBIM) has called for the EU's Non-Financial Reporting Directive (NFRD) to require companies to disclose environmental, social and governance (ESG) data that is 'financially material' to their operations.