News

Ginnie Mae launches 'social bond' label for investors

Ginnie Mae will launch a 'social bond label' for investors in its single-family mortgage backed security (MBS) programme from October, which it described as an "important step" for the US government-owned residential mortgage agency.

World Federation of Exchanges publishes guidance on green equities

The World Federation of Exchanges has issued guidance on how to apply the Green Equity Principles it issued in March, arguing that the asset class could "play an important role in helping to create a more sustainable world".

Loan round-up: Port of Melbourne, SMI, Citicore Solar ... and more

S&P finalises SPO integration with Shades of Green, adding another colour

S&P Global Ratings has finalised the integration of its recently acquired Shades of Green business into its second-party opinion (SPOs) methodology for sustainable finance instruments,...

Adaptation, not risk mitigation, needed for apparel production assets, says Schroders

Bond round-up: Enaex, Eni, JGC ... and more

CSRD will change the landscape of ESG data, say UNEP FI panellists

The value of regulation is also championed by the experts

US asset managers decline to back 'over-reaching' E&S resolutions

Support for environmental and social shareholder resolutions fell by 10 percentage points in the 2023 proxy season, with asset managers arguing the motions were often 'overly prescriptive' or 'redundant', Morningstar Manager Research has found.

Central banks 'could demand transition plans to help set capital requirements'

A "high likelihood [of] sudden build-ups of prudential risks" caused by climate change should see central banks and supervisors adjust prudential requirements for banks based on their transition plans, academics have recommended.

Denmark prepares new sovereign green bond issuance

Denmark has launched a new 10-year green bond, saying it plans to raise DKK10 billion ($1.4 billion) from its sovereign green paper before the end of 2023.