News

People Moves, 3 November: Fidelity, Blue Earth Capital, FoSDA, Low Carbon and more

Lloyds looks to energise 'slow' sustainability-linked derivative market

Lloyds Banking Group hopes the sluggish sustainability-linked derivatives (SLDs) market will accelerate in 2024, but argues that lots of industry work must be done before we see material transaction growth.

Loan round-up: Cemex, Wallbox ... and more

Widespread mandatory nature reporting 'unlikely' in the near future

Mandatory nature reporting is 'unlikely' in most jurisdictions over the next few years, Sustainable Fitch believes, although stricter rules may come into force for those jurisdictions most exposed to nature-related risks.

Deforestation data tool launched for financial institutions

An open-data platform has been launched to help financial institutions track company exposure and performance on deforestation.

Fiji launches debut sovereign 'blue' bond

Fiji is looking to raise up to FJD20 million ($8.7 million) from its debut sovereign 'blue' bond, which will fund water and marine projects including nature-based coastal protection infrastructure.

Investor groups publish 'harmonised' responsible investment definitions

The UN Principles for Responsible Investment (PRI), CFA Institute, and Global Sustainable Investment Alliance (GSIA) have published a harmonised set of definitions for investment managers around five of the most commonly used responsible investment strategies.

Ocean data even further behind biodiversity data, says investor

Ocean data is further behind than terrestrial biodiversity data, and challenges remain on the trustworthiness of company disclosures, a marine investor said.

Bond round-up: AFD, Austria ... and more

UK told to adopt ISSB in full to encourage 'equivalence' with US, EU disclosures

The UK has been urged to adopt the International Sustainability Standards Board (ISSB) standards in their entirety, in a move that would support efforts to ensure 'equivalence' with US and EU requirements, respondents to a consultation said.