News

Moody's launches corporate net-zero assessment scores

Moody's Investors Service has published a framework for its net-zero assessments (NZAs) for corporates, which scores their contribution to global climate goals.

Ditching governance reforms 'will diminish attractiveness of UK companies', warns pension fund

The UK regulator's move to ditch reforms to require more sustainability reporting by company board and audit committees will make UK companies less attractive to investors, a senior executive at one of the country's largest pension funds has said.

Phoenix Group: Time for the UK government to form its own transition plan

The UK government would help to catalyse investment in climate solutions if it produced its own transition plan, Phoenix Group has argued.

Gresham House closes £450m BSIF II fund

Gresham House has raised £450 million ($553 million) for its British Sustainable Infrastructure Fund II (BSIF II), a fund backed by eight UK local government pension schemes (LGPS).

COP28 cannot 'succumb to doomism' on 1.5°C

COP28 must not "succumb to doomism" on the 1.5°C target and risk losing much-needed ambition, Morningstar has warned.

Environmental rating firm hopes to raise €15m amid revamp

An ESG data provider is hoping to raise €15 million ($16 million) to help it roll out its newly enhanced dataset.

Corporate transition finance framework 'common ground' project launched

The Climate Bonds Initiative (CBI) has published an initial mapping of transition finance frameworks as part of a collaborative project to "demystify" the topic for corporates amid a proliferation of frameworks.

Indonesia and Vietnam to launch JETP investment plans by COP28

Ahead of COP28, Indonesia and Vietnam are set to launch investment plans for their Just Energy Transition Partnerships (JETP), which could also address the "early phase out" of coal plants.

Colombia becomes just fifth sovereign social bond issuer

Colombia has issued its first social bonds and raised $2.5 billion from the five-times oversubscribed pair of deals, with the South American country becoming just the fifth sovereign to issue social bonds to date.

Loan round-up: DLG, U Mobile, Hyundai Mobis ... and more