News

  • 'The blue economy today is where AI was three to five years ago'

    03 July 2024

    There is a "massive dearth" of funding for the blue economy, beyond early-stage investment, a venture capitalist has warned, but he maintained the theme is set to boom.

  • Moody's to close ESG Solutions business following MSCI tie-up

    02 July 2024

    Moody's has confirmed that it will close its ESG Solutions business, as a result of its tie-up with MSCI.

  • SBTi CEO steps down

    02 July 2024

    Luiz Amaral has stepped down as chief executive of The Science Based Targets initiative (SBTi).

  • Turkish snack firm Ulker issues $550m sustainability-linked bond debut

    02 July 2024

    Turkish biscuit and chocolate maker Ülker has raised $550 million from its debut sustainability-linked bond (SLB).

  • Sustainable bond market sees weakest first-half issuance for four years

    02 July 2024

    Sustainable bond issuance in 2024 has crossed the $500 billion milestone in 2024, but remains 14% behind 2023 totals as all four major labels experience a slowdown and market share weakens.

  • Swathes of world's largest companies 'way off' meeting CSDDD

    02 July 2024

    About 80% of the world's largest companies fail to meet any key elements of human rights due diligence, illustrating the urgent need for guidance as most of these companies brace for incoming EU regulation, according to a ranking of companies.

  • Nature risk tool ENCORE launches 'major' upgrade

    02 July 2024

    UN-backed nature risk assessment tool ENCORE has undergone a 'major' upgrade to support reporting in line with the Taskforce on Nature-related Financial Disclosures (TNFD).

  • CPP says lack of interim net zero target helps it make transition investments

    02 July 2024

    CPP Investments has committed to reduce its emissions to net zero by 2050, but has declined to set an interim target, arguing this allows it to invest in high-emitting companies to help them transition.

  • Japan: Australia 'should have issued a transition bond'

    02 July 2024

    A senior Japanese government official said Australia should have pursued a 'transition bond' label for its sovereign sustainable bond programme as a way of encouraging key hard-to-abate sectors to start seriously thinking about their own transition.

  • MSCI and Moody's join forces in 'ground-breaking' partnership

    01 July 2024

    MSCI and Moody's have teamed up in a "ground-breaking" strategic partnership that will grant them to access to each other's sustainability and business data.