News

Growing momentum in investment to tackle plastic pollution, says Circulate Initiative

While there is growing momentum to tackle plastic pollution, investment in solutions is still far below what is currently needed to meet the scale of the challenge, the Circular Initiative has told Environmental Finance.

Romania prepares for 2023 sovereign sustainable bond debut

Romania is preparing to issue its debut green or sustainability bond by the end of 2023, with its framework expected to be published before summer.

PwC spots 'contradictions' between climate and nature plans

Some climate transition plans of financial institutions have adverse effects on nature, a director at PricewaterhouseCoopers (PwC) has said.

PPC: Transition commitment prevented 'forced selling' of SLB, says Barclays

The clear transition commitment outlined by Public Power Corporation (PPC) appears to have helped avoid "forced selling" of its sustainability-linked bond (SLB) after a target failure,...

Standard Chartered sets absolute oil and gas emissions reductions target

Standard Chartered has set a target to reduce its 'absolute' financed emissions for the oil and gas sector by 29% by 2030.

People moves 28 April: Impax, Redwheel and more...

BP suffers 'significant' shareholder rebellion over climate plans

BP's shareholders voted to show their increasing discontent over the oil and gas firm's climate plans at its annual meeting.

Bloomberg 'very seriously' considering transition bond index launch

There is "definitely" investor demand for 'transition' bond indexes, but Bloomberg said it would require European investors to agree on a distinct list of transitional rather than just 'light green' activities.

PGGM to support climate resolutions at Shell

PGGM Investment Management has announced support for a resolution calling on Shell to set Paris-aligned Scope 3 emission reduction targets for 2030.

Investor alliance preparing nature targets guidance

Guidance for investors on setting targets for nature should be launched by the end of the year by the Finance for Biodiversity Foundation (FfB), a director at the initiative said.