News

CBI launches sustainability-linked bond certification scheme

The Climate Bonds Initiative (CBI) has launched a certification scheme for sustainability-linked bonds and company-level transition plans, in what the influential not-for-profit called a "major step forward" for financial markets.

LGIM to support climate resolutions at North American banks

Legal & General Investment Management (LGIM) has announced it will support climate resolutions at several North American banks, including calls to phase out fossil fuels and report on scope 3 emissions.

Loan round-up: JSW, Ziraat Bank, Akbank ... and more

Article 8 funds set to increase in 2023, says Fitch Ratings

The number of EU 'Article 8' sustainable funds is expected to "moderately increase" over the next year - despite stricter eligibility requirements, Fitch Ratings has said.

Indian central bank releases green deposit framework

The Reserve Bank of India (RBI) has released a framework for green deposits, in a bid to increase capital allocations towards green projects and counter greenwashing.

Royal Bank of Canada ranked world's biggest fossil fuel financier

The Royal Bank of Canada (RBC) has been ranked the world's biggest financier of fossil fuels, as banks across the US, Canada and Japan continue to dominate financing for oil and gas expansion.

ESG in Fixed Income EMEA conference returns on Monday

Environmental Finance's annual ESG in Fixed Income EMEA conference returns to London on Monday, 17 April.

Bond round-up: Cyprus, Turkey, sovereign spotlight, Durr, IBRD ... and more

Sustainability-linked targets could add 'discipline' in green bond markets

Using sustainability-linked targets in green bonds could provide the "missing" element to promote more discipline and tackle greenwashing, according to Atlanticomnium.

Japan's largest banks hit by shareholder climate action

Japan's six largest banks and energy companies have been hit by shareholder calls to disclose decarbonisation plans, over concerns that fossil fuel expansion will result in stranded assets.