News

Green, Social and Sustainability-linked Loan Principles updated

Three trade associations have published the latest updates to their sustainable loan principles, including tightened guidance around annual target setting and reporting for sustainability-linked loans.

LSTA publishes 'first-of-kind' sustainability-linked loan guidance

The Loan Syndications & Trading Association (LSTA) has published guidance on legal documentation for US sustainability-linked loans (SLLs), including comments on 'sleeping' SLLs and guidance on the role of a sustainability coordinator.

People Moves 24 February: TPI, SBTi, Clarity AI and more...

India keen to 'set the pace' on ESG, says HSBC

Recent regulatory developments that push India's ESG requirements forward show it is looking to "set the pace in certain areas", HSBC has said.

Climate litigation unlikely to be as significant in Asia, says HSBC

As climate-related litigation ramps up around the world, HSBC has predicted it will be much less prevalent across Asia.

Triple Jump launches financial inclusion fund

Dutch impact investor Triple Jump has launched a fund to improve the financial resilience of small businesses in emerging markets, which has raised $72 million at first close.

Loan round-up: Frasers Property, Viterra ... and more

UK must 'act now' on its green taxonomy or risk losing green financial leadership

The UK has been warned by its own Green Technical Advisory Group (GTAG) that it needs to "act now" on developing its overdue taxonomy of sustainable activities, or risk being overtaken as a green financial centre.

BNP Paribas sued over fossil fuel funding, in 'first of many' banking lawsuits

Three French NGOs are taking BNP Paribas to court, in a "historic" lawsuit alleging that it has avoided legal obligations to stop financing the expansion of fossil fuels.

Scotland launches natural capital blended finance programme

Scotland will invest £1.5 million ($1.8 million) in leveraging private investment in natural capital projects in the country.