News

Loans round-up: Egypt, Digital Edge, ESR Group/ChinaChem ... and more

$9.5trn group of asset owners calls for 'smarter not more' engagement on climate

A $9.5 trillion group of asset owners has urged their asset managers to set clearer objectives for climate engagement with their investees, as one member called for a 'smarter not harder' approach.

Uptake of SFDR Article 9 ETFs slow but 'progressive', says EFAMA

The uptake of UCITS exchange-traded funds (ETFs) registered as Article 9 under the EU's Sustainable Finance Disclosure Regulation (SFDR) continues to be significantly slower than Article 8, ...

BlackRock energy transition and circular economy fund raises almost $1bn

TNFD disclosures will drive biodiversity fund growth, says MSCI

Biodiversity funds are not yet seeing "mass market" interest from large institutional investors, but the rise of standardised nature-related disclosure means product demand is likely to grow, MSCI has said.

Bond round-up, sovereign bumper edition: Colombia, Brazil, India ... and more

Listed companies to break 1.5°C carbon budget in three years, says MSCI

Biodiversity credit market 'can't become a distraction' from tackling biodiversity loss

The biodiversity credit market "can't become a distraction" from action to halt biodiversity loss, environmental market experts have said, as they raised concerns over a lack of clarity on the market's purpose.

Future of ESG Data Asia: EU, ISSB working on guidance to aid 'interoperability'

Guidance to help organisations report under both the IFRS International Sustainability Standards and separate EU standards is a priority of the International Sustainability Standards Board (ISSB), its vice-chair told an Environmental Finance event.

ECB set to fine banks 'turning a blind eye' to climate risk, Elderson says

Banks still failing to meet climate risk management expectations set by the European Central Bank (ECB) three years ago are on the verge of incurring daily fines until they redress shortcomings in their climate risk management.