News

Canada considers sovereign transition, social bonds

Canada is considering expanding its sustainable bond framework to include the possibility of issuing a ground-breaking sovereign transition bond or social bond alongside its existing green bond programme.

COP27: Impact reporting 'almost non-existent in the financial sector'

Just 20% of financial institutions publicly acknowledge their impact on people and planet, painting a "dismal picture" for social progress, according to the World Benchmarking Alliance (WBA).

Credit-focused harmonised ESG reporting tool launched

A harmonised environmental, social and governance (ESG) reporting tool for the private credit market has been launched which is intended to give private creditors a "bigger voice" during the investment process by improving data availability.

COP27: UN expert group tries to draw 'red line' around 'toxic' net-zero pledges

A UN-appointed expert group has published recommendations for net zero pledges to reduce the risk of 'greenwashing', with proposed measures including the "phasing out" of fossil fuels.

Video: Lisa Bozzelli on the opportunities for real estate and asset backed securities

COP27: UK's guidance on gold standard transition plans 'to have global significance'

Proposed guidance for producing 'gold standard' transition plans has been described by EY as "an extremely important step in the right direction towards driving the UK towards a net zero future".

Singapore considers ground-breaking foreign currency green bond

Singapore will consider issuing its first ever foreign currency sovereign bond in green bond format amid interest from investors, but only after building out its Singaporean dollar green bond curve.

COP27: Investor alliance spurs Indonesian deforestation action

The Investor Policy Dialogue on Deforestation (IPDD) has helped create a sustainability partnership with key financial actors in Indonesia that it is claimed could prevent the destruction of forests.

COP27: ISSB hails 'milestone' CDP, NZDPU tie-ups

The International Sustainability Standards Board (ISSB) hailed "key milestone" agreements with the CDP and Net Zero Data Public Utility (NZDPU) it said will boost implementation of its standards.

Video: Lee White shares the latest ISSB updates

Lee White, executive director at the IFRS Foundation, shares the latest ISSB updates in this interview at Environmental Finance's ESG Data 2022 conference in London