News

  • Snam steps away from transition bonds with green, SLB deal

    13 February 2024

    Snam has raised €1.5 billion ($1.6 billion) from a dual-tranche green and sustainability-linked bond, as the Italian energy infrastructure firm stepped back from the 'transition' bond label it helped pioneer.

  • Embrace the 'regenerative edge' of agriculture investments, says SLM

    13 February 2024

    Investors have been urged to tap into the 'regenerative edge' that agriculture investments can provide, but nature investor Sustainable Land management Partners (SLM) warned about needing to be "realistic" about its limitations.

  • Fitch: Real estate slump sinks offshore Chinese sustainable bond market

    13 February 2024

    Offshore Chinese sustainable bond issuance slumped a third in 2023 as issuance from the country's ailing property sector contracted significantly, according to Sustainable Fitch - but onshore issuance continued to grow.

  • Chinese exchanges consult on ISSB-style disclosure expectations

    13 February 2024

    Listed companies in China are to be required to explain results of climate-related scenario analysis under disclosure 'guidelines' published by Beijing, Shanghai and Shenzhen stock exchanges.

  • Global Biodiversity Fund put into operation

    13 February 2024

    The 'landmark' Global Biodiversity Framework Fund was put into operation over the weekend, with Spain becoming the latest government to commit capital to the fund.

  • UK introduces 'game changing' mandatory biodiversity credit legislation

    12 February 2024

    The UK government has introduced legislation which mandates the use of biodiversity credits for building developers, with investors saying this is a "game changer" for nature investment.

  • Snam secures inaugural Moody's net-zero plan score

    12 February 2024

    Snam has been awarded the inaugural Moody's 'Net Zero Assessment' (NZA) score, with the Italian energy infrastructure firm praised for its "clear" Scope 1 and 2 emissions reduction plan but was warned of challenging Scope 3 "hurdles".

  • Barclays: Investors expect more sovereign SLB issuers in 2024

    12 February 2024

    A majority of investors are expecting new sovereigns to issue sustainability-linked bonds (SLBs) in 2024, according to a Barclays survey - despite reservations about the performance-based instrument.

  • Investors to challenge sovereign SLB issuers using ASCOR, investor says

    12 February 2024

    Investors plan to use a tool for assessing countries' climate progress to challenge issuers of sustainability-linked bonds (SLBs) on the strength of their targets, an investor has said.

  • PAI looks to embed carbon pricing throughout its portfolio

    12 February 2024

    PAI Partners is to encourage its portfolio companies this year to use internal carbon pricing, in a bid to better manage transition risks within its funds.