News

• CA100+ loses support from two more US asset managers

  01 July 2024

  US-based AllianceBernstein and Allspring have become the latest asset managers to quit the Climate Action 100+.

• New ICMA metrics could help 'accelerate' biodiversity finance

  01 July 2024

  An influential list of key performance indicators (KPIs) deemed appropriate for structuring sustainability-linked bonds (SLBs) has been updated - with the newly added metrics dominated by biodiversity-related datapoints, reflecting keen investor interest in the theme.

• 'Greenwashing' is the 'Loch Ness monster' of the green bond market

  01 July 2024

  A veteran green bond market participant said 'greenwashing' was not really present in the green bond market despite substantial hand-wringing around the topic.

• First 'blue bond' in Vietnam issued

  01 July 2024

  Southeast Asia Commercial Bank (SeABank) has raised $75 million from a sustainable bond which is the first in Vietnam to include a 'blue bond' tranche focused on sustainable marine and water projects.

• WHEB warns regulation is creating 'unintentional stewardship stampede'

  01 July 2024

  The sustainable finance market is facing an avalanche of disclosures, which is reducing the quality of reporting, WHEB Asset Management has warned.

• BNG success 'jeopardised' by local authority burden, says Gresham House

  01 July 2024

  The implementation of England's Biodiversity Net Gain (BNG) legislation is being 'jeopardised' by the lack of resource within local authorities, Gresham House has said, as it called for more support from government.

• Impact Expansion reaches €150m hard cap with maiden fund

  01 July 2024

  Impact Expansion, a spin-out from European impact investment firm KOIS Impact, has closed its debut fund at its €150 million ($160 million) hard-cap.

• LGIM, MUFG and Generation IM among second round of TNFD adopters

  28 June 2024

  Investor giants Legal & General Investment Management (LGIM) and Mitsubishi UFJ Financial Group are among the second round of organisations announced as early adopters of the Taskforce on Nature-Related Financial Disclosures (TNFD).

• Aviva calls for NDCs to become national transition plans

  28 June 2024

  Countries preparing their next set of climate targets should use it as an opportunity to prepare comprehensive, national climate transition plans that can plug into those being used by financial institutions, Aviva has urged.

• Winners of Environmental Finance's Sustainable Investment Awards 2024 revealed

  28 June 2024

  The winners of Environmental Finance's annual Sustainable Investment Awards for 2024 have been announced.