News

ESG ratings 'disincentivise' climate solution providers, Veolia CEO argues

ESG ratings disincentivise companies that provide solutions to help other companies decarbonise, the CEO of Veolia has argued.

Loan round-up: ESR, Urban Logistics REIT, EDP ... and more

S&P, Moody's join ESG private credit reporting project

Investor backers of a private credit focused ESG reporting harmonisation project have crossed $6 trillion in assets, whilst credit rating agencies S&P Global and Moody's Investors have also joined the initiative.

Sovereign climate transition risk 'significantly' impacts borrowing cost

Research shows climate transition risk management by governments is already "significantly" affecting borrowing costs in the sovereign bond market, despite climate change integration still lagging among sovereign debt investors compared to other asset classes.

Bond round-up: Georgia Capital, Georgia spotlight, La Trobe University ... and more

African investors wary of using impact fund label, survey says

African fund managers are avoiding using the "impact fund" label due to fears they could deter investors who deem it a sign of limited returns, a consultancy has said.

Pensions regulator voices 'concerns' on climate scenarios

The UK's Pensions Regulator (TPR) "shares concerns" that the outputs of climate scenario models may be unreliable, a senior executive has said.

UK government says biodiversity credits will cost at least £42,000 each

New guidance from the UK government on the pricing of biodiversity credits is "a good signal" that will encourage the development of a market for the instruments, according to one investor.

UK 'should streamline EU's DNSH criteria for its own taxonomy'

The more than 700 'do no significant harm' (DNSH) criteria for disclosures in line with the EU taxonomy should be drastically cut back to avoid "usability issues" with the UK's own version, according to a UK government-mandated expert group.

Second emerging market 'real economy' sustainable bond report published

The International Finance Corporation (IFC) and Environmental Finance have published their second report on emerging market 'real economy' sustainable bond issuance trends.