News

Banks call on EU to provide transition plan guidelines

Banks have called on the EU to catch-up with other jurisdictions - in particular, the UK and Japan - by providing guidance on transition plans and finance.

Aviva concerned about lack of chemicals in EU taxonomy

Aviva Investors has "material concerns" about the absence of chemicals in the draft extension to the EU taxonomy of sustainable activities.

LMA publishes 'vital' sustainability-linked loan drafting model

The Loan Market Association (LMA) has released a model legal text to support the drafting of sustainability-linked loans, which it described as a "vital" tool for the fast-growing market.

Loan round-up: Bunker, MOL, China Three Gorges ... and more

LGIM 'to vote against 100 companies on deforestation'

Legal and General Investment Management (LGIM) expects to vote against the chairs of 100 companies for not having deforestation policies this year, an executive has said.

Companies 'not ready' for reporting on biodiversity, Sustainalytics says

Companies are not ready to report on biodiversity despite looming risks, with implications for investors, a Sustainalytics researcher has said.

London listing changes would dilute sustainability engagement, investor says

Proposals designed to attract more companies to list on the London Stock Exchange would undermine investors' ability to engage with companies on sustainability issues, an institutional investor has warned.

Bond round-up: Unedic, Ethias, Tier 2 bond spotlight, ReNew ... and more

Exclusive: Western Australia plans to raise AUD1bn in green bond debut

Western Australian Treasury Corporation (WATC) is intending to raise at least AUD1 billion ($667 million) from a debut 10-year green bond, the municipal issuer told Environmental Finance.

Investors 'left to fend for themselves' amid lack of social guidance

The sustainable finance market is "being left to fend for itself" when it comes to identifying material social metrics, an Environmental Finance conference heard.