New Development Bank approves green loans for China projects
Formerly known as the BRICS Bank, funding of US$667 million is given the go-ahead for two major transport infrastructure projects
Corporate Governance
ESG bonds boom in South Korea
June 2019 is shaping up to be a bumper month, with major green bond offerings and a social covered bond
ESG ‘has become integral part of investment process’
Most organisations are making sustainability a major consideration, reports Morgan Stanley Investment Management
LGIM adds more big names to climate change blacklist
Legal and General Investment Management adds five companies, including oil giant ExxonMobil, judged to be laggards
African Development Bank steps up digital financial inclusion drive
The Africa Digital Financial Inclusion facility aims to develop digital financial transactions across the continent
IFC and HSBC aim to galvanise green bond market
The Real Economy Green Investment Opportunity (REGIO) is promoted as the first global green bond fund.
The future-proofed treasurer?
ACT’s report reveals “The seven habits of tomorrow’s treasurer” but no mention of climate change impact and sustainable operating model
Corporate treasury’s problems and opportunities in UK today
ACT’s annual conference: calamity of Brexit, emerging crisis of post LIBOR world, mess of global warming, & NEW OPPORTUNITIES
AIIB prices US$2.5bn debut global bond
The proceeds of the bond are set to target sustainable development
Hong Kong boosts sustainability credentials
New measures announced by the Hong Kong Monetary Authority will encourage sustainable banking and green finance.
Netherlands to issue green bond of up to €6bn on May 21
The country is the first with a triple-A credit rating to issue this type of security.
Asia Development Bank pledges $5bn for cleaner oceans
The bank’s president says the region’s future prosperity rests on encouraging sustainable development.
Banks agree $2bn loan for Vietnam coal-fired power plant
JBIC leads the consortium that will fund a project that breaches international agreements to phase out fossil fuels.
Solar projects make progress in attracting investors
Funding levels in the first quarter of 2019 were up only modestly on last year, but the industry is on stronger footing.
Singapore’s OCBC Bank to support green belt-and-road projects
The agreement aims to boost trade and investment opportunities between Singapore and China.
Citi debuts structured green bond
The bank says proceeds will fund projects in renewables, energy efficiency, sustainable transportation, water quality and conservation.
BBVA issues blockchain-based €35m green bond
Spain’s BBVA announced the launch of the first blockchain-backed platform for structured green bonds.
The push towards green disclosures: How will you benefit?
EU and global policy-makers are forging ahead with recommendations on climate-related disclosures – what are the financial benefits?
World’s top green businesses revealed in CDP A List
CDP has published a list of over 140 corporates recognised as pioneers for action on climate change, water and deforestation
EC steps up effort on green finance and climate disclosures
The European Council has announced two proposals that aim to bring finance more in line with the objectives of the Paris agreement
US corporates brace for financial impact of climate change
Firms are increasingly aware of the damaging effect climate change will have on them – not just financially but on reputation
Climate change will be key focus for regulators in 2019
Extreme weather events in recent years have highlighted how financial risks associated with climate change can affect businesses
Global CEO concerns are shifting and their future focus is…
More worried about geopolitics, climate change and security, less worried about growth, as sustainability becomes essential new focus
Investors call for better EU corporate reporting rules
Corporate reporting must deliver better climate change and environmental information to financial markets, say group of EU investors