News

Lack of agriculture in EU climate taxonomy 'concerning'

The absence of agriculture from the EU's climate taxonomy for sustainable activities is "concerning", according to a representative of a sustainable food fund.

No oil and gas company has credible transition strategy

No oil and gas company has laid out a clear path away from fossil fuel production, said Sustainable Fitch.

Bond round-up: Rentenbank, Singapore HDB, OTP Bank, Idemitsu Kosan ... and more

NZAOA-sponsored research tackles Scope 3 pathways

Three publications commissioned by the Net-Zero Asset Owner Alliance (NZAOA) aiming to help investors calculate their Scope 3 greenhouse gas emissions have been published.

Strong demand for OPG's maiden 'nuclear' green bond

Ontario Power Generation (OPG) has raised CAD300 million ($232 million) from its oversubscribed debut 'nuclear' green bond, after updating its framework to include the controversial clean energy source.

Court orders UK to publish more detailed 'net zero' strategy

The UK High Court has ordered the UK government to provide a "fresh" report on its 2050 'net zero' strategy, in a 'landmark' ruling which judged not enough information was provided to ascertain whether interim targets would be met.

Focus on banking transition plans as priority, IIGCC recommends

A proposed 'gold standard' for company and investor net-zero transition planning should prioritise the banking sector, according to a €51 trillion ($52 trillion) group of institutional investors.

Singapore Exchange CEO lays out anti-greenwashing measures

"The biggest threat to [the transition] right now is greenwashing" said Tan Boon Gin, CEO of the Singapore Exchange (SGX) who explained the group is working on improving disclosure requirements to combat the practice.

NN IP launches debut €20m social bond fund

NN Investment Partners (NN IP) has launched its first dedicated social bond fund, after the significant increase in social bonds since 2020 means the market had "caught up" with green bonds.

CBI tightens green bond criteria and readies social expansion

The Climate Bonds Initiative (CBI) said it was planning to launch a social and sustainability bond methodology this year after it tightened its green bond methodology...