Bonds

The latest developments in sustainable finance: Follow This proposal at Shell supported by one fifth of investors; Swiss Re latest to exit NZIA.

Guidance looks to maintain ‘robust standards’ in HY, while bankers tell RI that investors are looking for Scope 3 targets and verification.

The latest developments in sustainable finance: Danish pension funds engage with Amazon; ICMA and LuxSE launch sustainable bond database.

After Dutch chemicals firm Nobian meets an SLB target it was expected to miss, think tank AFII asks what accounted for the drop in emissions.

The latest developments in sustainable finance: US big six directors linked to polluting firms; AIIB issues climate adaptation bond.

Institutional investor emissions exposure rises; State Street launches carbon asset servicing product.

US House committee announces attorney general hearing on ESG, $10trn coalition calls for more action on plastics.

Leaked text clarifies rules around grandfathering, but banks, investors warn that taxonomy usability will hamper uptake.

The ECB issued a separate warning on the quality of banks’ climate-related disclosures.

Australia's treasurer has announced the government will co-fund ASFI’s framework and introduce a green sovereign bond programme, with a first issuance expected next year.