Tesco to offer sustainability-linked supply chain finance
by Ben Poole
From Tesco's green supplier offering, to new social loan principles, via StanChart's ESG-linked derivative and more, ESG in finance keeps pushing on.
Environment
Role of corporate treasury expands as ESG operations and investing dominates
by Jack Large
Going strategic and focusing on ESG in your company is vital for mankind’s survival
Singaporean banks reveal ESG’s key role in financial services
by Ben Poole
An SGX-NUS-KPMG study found escalating stakeholder expectations and tax incentives among the top drivers pushing sustainability in the sector.
Lendlease issues second green bond in five months
by Ben Poole
CBA's institutional bank played a role in meeting the increasing demand for sustainable finance.
COVID-19 pandemic is minor compared to threat of irreversible climate change
by Jack Large
Too late to stop? Do something: attend the ACT’s ESG webinar and answer these embarassing personal questions
HSBC Taiwan approves two green guarantees
by Ben Poole
The move is to foster renewable energy development for two corporate clients.
Deutsche Bank launches green deposits for corporates
by Ben Poole
Deposited funds contrast with an equivalent amount of the bank’s green asset pool, enabling clients to support transition to a sustainable economy.
NatWest and Microsoft offer UK businesses carbon neutral support
by Ben Poole
The bank and the tech firm aim to use digital technology to help UK corporates understand and manage their carbon footprint.
55% of firms missing 2050 net-zero emissions goal
by Ben Poole
Research from Standard Chartered suggests a lack of finance is hampering corporate efforts to go carbon neutral.
Deutsche Bank executes world’s first green hedge with Continuum
by Ben Poole
The transaction used a specifically designed green hedge framework, with second party opinion issued by Cicero Green.
Regulators get to grips with ESG reporting standards
by Ben Poole
Both the IFRS and European Commission have recently issued papers addressing the scope of sustainability reporting.
Green deposits sprouting in the US
by Ben Poole
MUFG Union Bank has launched green deposits for its corporate clients in America.
Taking stock of the ‘E’ in ESG
by Ben Poole
As sustainable financial instruments such as green bonds continue to increase in popularity, what else can corporates do to green the business?
Global action to reduce carbon intensity is too slow
by Ben Poole
The world needs to cut carbon intensity five times faster to hit the 1.5°C Paris Agreement target, according to PwC’s Net Zero Economy Index.
World’s largest companies ignoring biodiversity loss
by Ben Poole
A KPMG survey found less than a quarter of companies at risk from the loss of biodiversity are including the risk in their corporate reporting.
UK needs £400bn additional infrastructure spend to meet Net Zero target
by Ben Poole
Private sector investment is critical for power systems, buildings and industry, transport, and digital infrastructure, PwC/GIIA survey finds.
The US$50 trillion sustainability question
by Ben Poole
UN Sustainable Development Goals face critical investment shortfall, Standard Chartered research has found.
Climate-related financial disclosures under the microscope
by Ben Poole
As a UK Treasury report looks at climate-related disclosures, Scottish Widows divests £440m from corporates posing ESG risk.
Climate risk exposure looms large for US banking sector
by Ben Poole
Over half of syndicated lending of US banks is exposed to climate risk, as investor pressure mounts on corporates to disclose climate lobbying.
Banks ramp up plans to tackle carbon emissions
by Ben Poole
HSBC is the latest to aim to align its portfolio of financed emissions to achieve net zero.
Bank of America issues US$2bn equality progress sustainability bond
by Ben Poole
The broad ESG-themed security issuance comes as Fitch Solutions launches an ESG relevance score solution.
BNP Paribas issues A$140m in green bonds
by Ben Poole
The issuance is linked to Australia's first forward-looking climate index.
Major banks continue ESG momentum
by Ben Poole
Both Citi and HSBC have recently announced strategic solutions to tackle climate risk.
Deutsche Bank creates criteria for classifying ESG financing
by Ben Poole
As DB publishes its Sustainable Finance Framework, Citi and BofA have joined the Partnership for Carbon Accounting Financials.