News

  • Developing markets need voluntary carbon market expansion, says Schroders

    01 November 2022

    The development of the global voluntary carbon market will be vital in supporting emerging market decarbonisation-...

  • Bloomberg tightens grip on GSS bond indexing with new launches

    31 October 2022

    Financial services giant Bloomberg has launched a series of green, social and sustainability bond indexes, in a move that could see it tighten its grip on indexing in the rapidly growing market by using its own data and analysts to determine eligibility.

  • UOB to join Net Zero Banking Alliance

    31 October 2022

    United Overseas Bank (UOB) has applied to join the Net Zero Banking Alliance (NZBA) - at a time when several large US banks are reportedly considering walking out on the initiative.

  • UOB sets 2050 net zero target, rules out new oil and gas financing

    31 October 2022

    United Overseas Bank (UOB) has announced a 2050 net zero target across its lending portfolio, and has also become the first bank in Asia to rule out new financing for upstream oil and gas projects.

  • GFANZ drops requirement to align with UN Race to Zero campaign

    28 October 2022

    The Glasgow Financial Alliance for Net Zero (GFANZ) has scrapped its requirement for members to align with a campaign requiring a fossil fuel phase-out.

  • ICMA principles could be adapted for 'sustainable repos'

    28 October 2022

    The International Capital Market Association (ICMA) said that its existing sustainable bond principles and guidance could be "adapted for use in sustainable repos" in the future.

  • People Moves 28 October: Japan FSA, NGFS, Alpha Real Capital ... and more

    28 October 2022
  • Include stress tests, transition plans in capital rules, says central banker

    28 October 2022

    The governor of the Banque de France has recommended including climate-related stress tests and transition plans in the Basel framework for banking supervision.

  • Loan round-up: Trafigura, Greif, GlobalConnect, Fibra Uno, TenneT ... and more

    27 October 2022
  • Financial institutions demand mandatory biodiversity disclosures at COP15

    27 October 2022

    An alliance of financial institutions and businesses with over $1.5 trillion in revenue has asked governments to make biodiversity disclosures mandatory by 2030 at the COP15 conference.