News

Faber issues rallying cry as regulators diverge from ISSB, jeopardising its mission

The chair of the International Sustainability Standards Board (ISSB) has issued a "call to action" for regulators to unite behind by the organisation's standards, warning that divergence from them threatens to undermine its mission.

Switzerland encouraged to use debt-for-nature swaps

The Swiss government has been encouraged to help scale up private investment in biodiversity, either through providing first-loss capital or developing debt-for-nature swaps.

Bank of America CEO pleas for regulatory consistency on ISSB adoption

Bank of America's CEO urged regulators not to diverge from the IFRS Sustainability Disclosure Standards, as the banking head warned that doing so would deepen confusion of an 'alphabet soup' of sustainability reporting.

BlackRock and Temasek's JV leads $150m funding round for thermal battery business

BlackRock and Temasek joint-venture, Decarbonization Partners, has led a $150 million Series B funding round for Antora Energy.

Loan round-up: HB Reavis, Greening, TagEnergy ... and more

AFII: PPC target 'turnaround' shows 'strength of SLBs'

Greece's Public Power Corporation (PPC) is on "back on track" to meet its next sustainability-linked bond (SLB) target, despite missing an earlier one - which the Anthropocene Fixed Income Institute (AFII) said shows the positive incentive that the performance-based instrument provides issuers.

NZDPU mulls how to iron out data difficulties as it looks to support transition planning

The creators of a free climate data portal are working on addressing challenges surrounding reporting of carbon credits and restatements of climate targets, as they aim to turn it into an essential resource for transition planning.

Nest selects LOIM to build £5bn 'thematic equity' fund

Lombard Odier Investment Managers (LOIM) has been appointed to manage a "thematic equity mandate" that will be a default investment of rapidly growing UK pension fund Nest.

Bond round-up: Japan, Verizon, MuniFin ... and more

Levelling up agenda to help UK local government pensions to invest in biodiversity, says Mercer

Local government pension schemes are looking for biodiversity investment opportunities, Mercer has said, but warned other pension schemes might face difficulties in finding suitable investments.