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Bloomberg Launches Suite of Indices Tracking Green, Social & Sustainability Bonds

ESG Today

Business and financial markets information service provider Bloomberg announced today the launch of a series of indices covering sustainable finance instruments including green, social and sustainability bonds.

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Best Practice Guidance Issued on Green, Social, Sustainability-linked Loans

Chris Hall

The APLMA (Asia Pacific Loan Market Association), LMA (Loan Market Association) and LSTA (Loan Syndications and Trading Association) have published two new guidance documents as part of their continued work in relation to ESG and sustainable finance.

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SBTi Approves Teva’s Emission Reduction Targets

Environment + Energy Leader

Teva's financing strategy incorporates the Scope 1 and 2 targets as part of the Firm's $5 billion sustainability-linked bond The post SBTi Approves Teva’s Emission Reduction Targets appeared first on Environment + Energy Leader.

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HDFC Signs Largest-Ever Social Loan to Support Affordable Housing

ESG Today

India-based mortgage lender HDFC announced that it has secured the largest-ever social loan globally, signing a $1.1 The deal also marks the first social external commercial borrowing (ECB) loan out of India. Social Sustainable Finance

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OP Financial to Cut Loan and Investment Portfolio Emissions, Boost Sustainable Finance

ESG Today

Finland-based financial services company OP Financial Group announced today the launch of its new sustainability program, unveiling a series of ESG goals, including targets to reduce emissions in its loan and investment portfolios and boost its sustainable finance deployment.

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The Evolution of Mid-market Sustainability-linked Loans

Chris Hall

James Hunt, Senior Associate at Osborne Clarke, explains how sustainability-linked loans are developing to improve ESG performance and activities in the mid-market. Much is made of the growing prevalence of sustainability-linked loans (SLL) in the large-cap market.

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Focus on the Signals, not the Noise

Chris Hall

Jennifer Wu, Global Head of Sustainable Investing at J.P. Morgan Asset Management, offers five reasons why sustainable investing will matter even more in 2023. 2022 saw sustainable investing go through extensive scrutiny.

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Climate tops ESG Priorities for US Institutional Investors

Chris Hall

US SIF Foundation biennial trends reports smaller share of assets managed sustainably, due to methodology, regulatory changes. trillion) including director pay, independence and diversity, and sustainable natural resources/agriculture (US$2.79

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Impact Initiative to Unite Companies, Investors

Chris Hall

The Global Impact Investing Network (GIIN) has launched a corporate investing initiative to support companies looking to develop impact investing strategies and partner with impact investors to achieve their sustainability goals. .

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Finance Majors Invest in “Cleaner, Greener” Farming

Chris Hall

Food and agriculture businesses commit to specific and time-bound environmental and social targets. But he added: “There is still a long way to go and the wider finance sector must use COP27 to supersize its ambition and grow a more sustainable food and agriculture sector.”.

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This Week’s Fund News: Robeco Introduces Article 9 Biodiversity Strategy

Chris Hall

ESG Investor’s weekly round-up of news about funds designed to meet sustainable investing criteria, including Robeco, Morgan Stanley IM, GMPF, Impax AM, Orchard Street IM and Nuveen. . NHPF2 is providing a sustainable and place-based solution for economic growth in the region and beyond.

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Roundtable: In Pursuit of Value, not Values

Chris Hall

Fiduciary duty is driving the growth of sustainable investing in the US. If you constrain me from doing these things, then I am not going to be able to deliver a service to you,” said Marina Severinovsky, Head of Sustainability, North America at Schroders.

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Are we Eating up Our World?

Chris Hall

Standardisation is required to accurately quantify the environmental and social impacts of land-use investments, says Ivo Mulder , Head of the UN Environment Programme’s Climate Finance Unit.

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Labelled bond market sees strong start to 2023, says JP Morgan

Environmental Finance

The green, social, sustainable and sustainability-linked (GSSS) bond market has enjoyed a strong start to 2023, said JP Morgan

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Take Five: Australia’s Long Haul

Chris Hall

But according to at least one informed investor, the Dutch migration to indoor farming offers a sustainable template for others, with its efficient use of water and reduction in harmful chemicals and carbon footprint. This week’s major stories impacting ESG investors, in five easy pieces.? .

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Climate Change and Magical Thinking

Andreas Rache

By Steen Vallentin. ? 7 min read ?. COP26, the 26th UN Climate Change Conference , has just ended.

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On an Equal Footing

Chris Hall

Redington’s 2021 ‘ Sustainable Investment Survey ’ noted that 50% of asset managers’ investment strategies consider gender diversity when researching portfolio companies, while 38% consider professional experience and 37% consider race.

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How to Build a Sustainable Future

Chris Hall

Sustainable investment experts predicted an even greater emphasis by investors on public policy, at a recent roundtable held by S&P Global Sustainable1 and ESG Investor. First, our roundtable participants surveyed the existing regulatory landscape for sustainable investing.

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New ESG Guidance for Malaysian Issuers

Chris Hall

Guidelines are part of exchange initiative to help listed companies adopt best practices in governance and sustainability. Asia-Pacific News Regulation ENVIRONMENTAL EQUITIES ESG GOVERNANCE REGULATION SOCIAL SUSTAINABLE FINANCE

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Malaysia Enhances Sustainability Reporting Framework

Chris Hall

Listed issuers will be required to disclose prescribed “common sustainability matters” and provide TCFD-aligned disclosures. The exchange group said it had observed considerable improvements among listed issuers since the launch of its Sustainability Reporting Framework in 2015.

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Constructing Social Portfolios: A Quantitative versus Screening Approach

Andreas Rache

The “Social” dimension of ESG is hugely under explored and developed and covers under studied issues such as how companies treat their employees and care for the responsibility of their products. By Alina Hofer, Lea Katharina Kasper & Dr. Kristjan Jespersen. ? 5 min read ?.

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Negative Capability: Sustaining our discomfort towards a collectively responsible society

Andreas Rache

In my PhD studies, I work with a different type of sustainability. Not the sustainability of carbon footprints or systemic transformations but a sustainability of reflection. Maybe comfort is sustainability’s biggest threat. By Tali Padan. ? 3 min read ?.

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Putin Puts Governance Back on the Agenda

Chris Hall

Events in Ukraine gave sustainability-minded investors pause for thought. Further, it can be seen as stemming from a series of governance failures, and as having huge and unpredictable environmental and social implications.

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Asset Managers Report EU Taxonomy Teething Problems

Chris Hall

Early-adopter asset managers are struggling to use the EU environmental taxonomy to measure the sustainability of their funds and inform investment decisions. . PRI report outlines recommendations to ensure clarity and ease the reporting process. .

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Managers’ Eyes on SFDR Prize

Chris Hall

EC maps out the final hard yards for the sustainable funds’ regime. . Although the journey has been fraught with confusion and delays , the second part of the EU’s Sustainable Finance Disclosure Regulation (SFDR) – widely known as Level 2 – has reached the home straight. .

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SEC reporting proposals 'to boost US corporate GSSS bonds'

Environmental Finance

The Securities and Exchange Commission (SEC) proposals on climate reporting will help drive greater uptake of green, social, sustainable and sustainability-linked (GSSS) bond in the US

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Investors 'throwing themselves' at sustainable bonds

Environmental Finance

The labelling of bonds as green, social, sustainability, or sustainability-linked has helped them secure more demand from 'green' investors and pricing benefits during an uncertain time for fixed income

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UN Strengthens Environmental Governance to Reduce Carbon Footprint

Environment + Energy Leader

The UN is intensifying its efforts towards making its buildings and operations more environmentally and socially sustainable as it works to battle the effects of the triple planetary crisis.

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Asian GSSS bond issuance hits $600bn, finds report

Environmental Finance

More than $600 billion of green, social, sustainable and sustainability-linked (GSSS) bonds have been issued out of Asia, Environmental Finance Data shows

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Eurozone investors 'net buyers' of labelled debt, ECB says

Environmental Finance

Investors in the eurozone of 20 EU states are "net buyers" of debt labelled by issuers as green, social, sustainability or sustainability-linked, according to analysis by the ECB

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Video: Joanne Khew (Eastspring Investments) on bondholder engagement

Environmental Finance

Joanne Khew shares her view on the importance of bondholder engagement and how investors in green, social, sustainability and sustainability-linked (GSSS) bonds can stimulate discussions around the Paris Agreement

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Video: Ronald van der Wouden on how bond investors can stimulate discussions on the Paris Agreement

Environmental Finance

Ronald van der Wouden, managing director at RockCreek, shares his view on how investors in green, social, sustainability and sustainability-linked (GSSS) bonds can stimulate discussions around the Paris Agreement

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Why the degrowth debate is growing

EJOLT

Sustainable degrowth challenges inequalities and the environmental destruction caused by a growth-oriented development paradigm; it calls for a downscaling of production and consumption, but also a rethinking of human and planetary well-being. By Nick Meynen.

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JPM AM GSS Bond Strategy Targets Transition

Chris Hall

Strategy looks to invest in issuers “actively” shifting towards renewables, environmentally sustainable practices. Fund Solutions News ARTICLE 9 EXCHANGE-TRADED FUNDS FUND NEWS GSS bonds MUTUAL FUNDS RENEWABLES SFDR SUSTAINABILITY

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TD Launches its First Actively Managed ESG Bond Fund

ESG Today

TD Asset Management (TDAM) announced today the launch of its first actively managed ESG-related fixed income product, the TD North American Sustainability Bond Fund, designed to earn current income for investors, following a socially responsible approach to investing.

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Investors “Head Over Heels” for GSS+ Bonds

Chris Hall

In an oversubscribed market, greater opportunities for investors lie in social, sustainable, SLBs and blue bonds. This was followed by sustainability bonds contributing US$166.4 billion, social bonds US$130.2 We’re also looking at social resilience,” she added. “It

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Three Trends Transforming Impact Investing

Chris Hall

And there was growing momentum behind global initiatives that could reshape businesses’ approach to impact – notably the IFRS Foundation’s International Sustainability Standards Board recommendations for sustainability and climate-related disclosure standards.

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Hong Kong Raises $5.8 Billion in Green Bond Offering

ESG Today

The offering comes as issuances of green, social, sustainability and sustainability-linked (GSSS) bonds have grown to a record share of global bond volumes , reaching 16% of the overall market in Q3 of 2022. Government Sustainable Finance

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How can China lead the global green trade drive?

Eco-Business

To do this, the country has to work on making its supply chains more environmentally and socially sustainable As one of the world’s largest economies, China has a major role in enhancing global trade and fighting climate change.

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Moody’s Transfers Sustainable Debt Opinion Service to Ratings Agency, Proposes new Assessment Framework

ESG Today

Global integrated risk assessment firm Moody’s announced that it will transfer its sustainable debt Second Party Opinions (SPO) business to become part of its rating agency under Moody’s Investor Service (MIS), from its Moody’s ESG Solutions group. ESG Tools, Services Sustainable Finance

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India to Launch Inaugural $2 Billion Green Bond Offering this Month

ESG Today

The offering comes as issuances of green, social, sustainability and sustainability-linked (GSSS) bonds have grown to a record share of global bond volumes , reaching 16% of the overall market in Q3 of 2022. Government Sustainable Finance

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Africa’s GSS+ Bond Market Ripe for Growth

Chris Hall

Despite development barriers, opportunities are emerging for investment in sustainable assets in growing market. Africa has seen rapid growth in issuance of green, social, sustainability and sustainability-linked (GSS+) bonds and could prove enticing to investors, in spite of existing challenges.

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VC Investor Cathay Innovation Launches $1 Billion Sustainable Transformation Fund

ESG Today

Venture capital investor Cathay Innovation announced today the launch of a $1 billion global fund investing in startups that support industrial and social sustainable transformation.

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