News

Lack of location data leaves UBP unable to assess biodiversity fund's impact

A lack of asset-level data is hindering portfolio-wide assessments of biodiversity impact, UBP claimed, as it called for increased disclosure from companies.

Japan not currently seeking CBI certification for next transition bond

Japan is not currently looking to secure Climate Bonds Initiative (CBI) certification for its transition bond issuance later in July. This follows the sovereign stepping back from the certification process for its third deal in May.

Loan round-up: Inghams, Energuate, Zunder and more

Protecting nature not a priority for incoming UK government, says Redwheel

More ambitious policy will be critical to mobilising private capital towards nature and biodiversity protection, but the potential incoming UK government will likely not make it "an active priority", Redwheel has warned.

Financial institutions' physical risks could be underestimated by 70%

An EU-funded study has warned that European financial institutions' physical climate risk assessments are inadequate, and could be underestimating 'value at risk' by up to 70%.

Debut Deutsche Bank social bond 13-times oversubscribed

The debut €500 million ($537 million) social bond from German lender Deutsche Bank was more than 13-times oversubscribed by investors, feeding expectations the major green bond issuer will also become a regular in the social bond market.

Nature target guidance launched for asset managers

Data quality is the main challenge for investors looking to set targets on nature, but it is good enough to make a start, according to new guidance launched by the Finance for Biodiversity Foundation (FfB).

Bond round-up: Chile, Dominican Republic, Mindspace ... and more

BlackRock offers European funds greater climate voting ambition

BlackRock has published guidelines for many of its European funds that base voting decisions on an assessment of company alignment with a 1.5°C scenario - contrasting with its global 'benchmark' policies that demand less climate information.

NGFS sets out guidance for central bank on nature risks

The Network for Greening the Financial System (NGFS) has released guidance for central banks on assessing nature-related financial risks.