News

Brazil expects to come to market with sustainable bond in 2023

Brazil is expected to return to the international bond market in 2023 with its debut sustainable bond, according to its debt head.

Don't kill SFDR by adopting strict definition of sustainability, Mirova urges Commission

The CEO of Mirova has warned the European Commission not to become too "strict" in its definition of sustainable investment, or it will risk "killing" its Sustainable Finance Disclosure Regulation (SFDR).

Financial industry 'lacks expertise' to understand nature scenarios

EIOPA welcomes growing 'convergence' of ISSB and EU standards

EIOPA has welcomed what it called a convergence of the definition of financial materiality in EU and international sustainability standards.

People Moves 27 January: Credit Suisse, UK TPT and more...

Investors to 'look beyond' Article 8 or 9 designation to judge sustainability, says Morningstar

As the usefulness of EU classifications of what is 'sustainable' is questioned and funds continue to be downgraded, Morningstar said investors will increasingly 'look beyond' these labels and instead study underlying holdings more closely.

Japan mulls structure for JPY1.6trn 'transition' bond

Japan is considering what structure to use for its planned JPY1.6 trillion ($12.3 billion) debut sovereign 'green economy transition' bond programme,...

Australian regulator 'going about greenwashing the right way'

The Australian regulator's principles-based approach is the "right way" to tackle greenwashing in a market which is still trying to build out its sustainability capabilities, the Responsible Investment Association Australasia (RIAA) has said.

IDB Invest launches 'innovative' Liberty Costa Rica SLB deal

Telecommunications firm Liberty Costa Rica has raised $400 million from its maiden sustainability-linked bond (SLB) which will be used to support a $450 million financing deal with IDB Invest

Loan round-up: ADNOC, Z Holdings, Suzano ... and more