News

  • ICMA, LMA release 'sustainability-linked loan bond' guidance

    25 June 2024

    Two debt industry bodies have jointly published guidance for the issuance of bonds dedicated to financing sustainability-linked loans (SLLs) in order to develop a new sustainable finance product and support the credibility of the performance-based lending instrument.

  • Disclosure data checklist among ICMA SLB Principles updates

    25 June 2024

    The International Capital Market Association (ICMA) has published an updated version of the Sustainability-Linked Bond Principles (SLBP) which includes a new disclosure data checklist intended to "harmonise" and strengthen disclosures for the performance-based instrument.

  • T Rowe Price elected to Principles ExCom

    25 June 2024

    T Rowe Price has been elected to the executive committee (ExCom) of the Principles, which are widely used as best practice guidelines for the sustainable bond market.

  • ICMA publishes innovative 'green enabler' sustainable bond guidance

    25 June 2024

    The International Capital Market Association (ICMA) has published "ground-breaking" guidance for financing 'green enabling' projects in sustainable bonds amid issuer caution in using these critical transition projects in green finance instruments.

  • EU urged to use Biodiversity Net Gain as blueprint for Nature Restoration Law

    24 June 2024

    Natural capital investor Gresham House has urged EU countries to use England's Biodiversity Net Gain legislation as a blueprint for implementing its recently approved Nature Restoration Law.

  • WBCSD publishes avoided emissions guidance

    24 June 2024

    The World Business Council for Sustainable Development (WBCSD) has urged investors not to use avoided emissions to claim carbon neutrality, in its recently published "first guidance" for private markets on avoided emissions calculation and reporting standards.

  • Apple, Amazon and EasyJet targeted on water data

    24 June 2024

    A group of over 100 global financial institutions has targeted 1,029 high water use companies to disclose their water related impacts and risks to CDP, the non-profit environmental disclosure platform.

  • Iceland issues first sovereign gender bond

    24 June 2024

    Iceland has raised €50 million ($53.6 million) with the world's first sovereign gender bond in a private placement with investor Franklin Templeton.

  • Howden finds $10trn of insurance coverage needed for net-zero transition

    24 June 2024

    Over half of the $19 trillion committed to financing the transition to net-zero emissions by 2030 will require additional insurance coverage, according to a report from insurance broker Howden.

  • ISSB tie-up with TPT sees it join crowded field of transition planning guidance

    24 June 2024

    The International Sustainability Standards Board (ISSB) will provide guidance on climate transition planning following an agreement to "assume responsibility for" the UK Transition Plan Taskforce (TPT)'s disclosure-specific materials.