News

"Concerted effort" needed to move away from plastic, says Iceberg Data Lab

A "concerted effort" by the financial sector is needed to halt the impact of plastic on the environment and its role as a driver of deforestation, Iceberg Data Lab has said.

Impact taskforce drafts disclosure guidance for meeting SDGs

The Impact Disclosure Taskforce has published draft disclosure guidance to help corporate and sovereign issuers measure and disclose their efforts to achieve the UN Sustainable Development Goals (SDGs).

Microfinance firm issues first social bond in Panama

BBVA Microfinance Foundation-owned Microserfin has raised $5 million from the first social bond in Panama as part of a planned $40 million programme.

Mandatory plastic disclosure takes centre stage in treaty negotiations

Mandatory plastic disclosures for the financial sector could be one step closer as negotiations restart on a global plastics treaty, but the market has lamented the slow progress.

SEB warns of 'dire need' to tackle slowdown in sustainable bond market

A slowdown in growth of the sustainable bond market during the first quarter suggests it is "living off the boom years" and issuance is not where it needs to be to meet climate targets, warns SEB's Gregor Vulturius.

US launches task force that will study CBAM-style rules

The US government has established a White House Climate and Trade Task Force to study ways it can tackle "carbon leakage, carbon dumping, and embodied carbon in general" and draw lessons from the EU's Carbon Border Adjustment Mechanism (CBAM).

Hard-to-abate 'transition' bonds can be 'green' if obsolescence risk managed

Bond issuances tackling hard-to-abate sectors can have their transition-focused bonds judged as green bonds if they manage "obsolescence risk," a sustainable bond investor told an Environmental Finance event.

People Moves, 19 April: Barclays, Zurich, Eurosif, Scottish Widows, Robeco and ... more

Most businesses will not comply with CSDDD even by 2030, survey predicts

EU and UK business leaders say they expect at least half of their supply chains will not be compliant with the proposed EU Corporate Sustainability Due Diligence Directive (CSDDD) in the next two years, and most businesses will not fully comply by 2030.

TotalEnergies pauses SLB plans amid weak market development

French oil supermajor TotalEnergies told Environmental Finance it has paused plans to only issue sustainability-linked bonds (SLBs) after the market for the performance-based instrument did not "develop as anticipated" - especially in the US.