News

Sovereign sustainable bond issuance rebounds in 2023

Sovereign sustainable bond issuance volumes in 2023 to date are nearly double the levels seen in 2022, setting the scene for a potential record-breaking annual total driven by both established and new issuers.

MAS urges insurers to help high emitters decarbonise

The Monetary Authority of Singapore (MAS) has called for insurers to steer companies in the emissions intensive Asia-Pacific region towards more sustainable practices, as an executive warned insurers of high exposure to climate transition risks.

Resonance expands water strategy

BNP Paribas: EU needs 'much more' support for climate

Investors have been unconvinced by the EU's response to US support for industry that will drive the transition to a low-carbon economy, an analyst at BNP Paribas has said.

AllianzGI launches sustainability data product

Allianz Global Investors has launched a sustainability data product which it says will enable its investment teams to better navigate the "ever more challenging ESG data landscape".

Credit Suisse: Another headwind for 'green' AT1 bonds

The proposed wipe-out of additional tier 1 (AT1) bondholders as part of the Credit Suisse "merger" with UBS has sent prices of the limited 'green' AT1 issuances lower, providing a further headwind for the rare instrument.

FCA warning on ESG benchmarks 'to be welcomed by investors', says Osmosis

Osmosis Investment Management has welcomed a warning from the UK's Financial Conduct Authority (FCA) that it is prepared to take action to tackle poor disclosures by providers of ESG benchmarks.

Verra defends REDD forestry credits

The CEO of Verra has hit back at media reports criticising the firm's forestry standard, describing some of the claims as preposterous.

IPCC report an 'unequivocal case for action', says Impax

The latest report by the Intergovernmental Panel on Climate Change (IPCC) presents the "unequivocal case for action" needed to reduce the ambition gap, Impax Asset Management has told Environmental Finance.

UK FCA warns of action on ESG benchmark failings

The UK's Financial Conduct Authority (FCA) has warned it is prepared to take action to tackle poor disclosures by providers of ESG benchmarks, as it identified failings in several areas by all providers.