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Sustainable Bond Market Rebounds, Resuming Double Digit Growth: Moody’s

ESG Today

Issuance volumes of green, social, sustainability and sustainability-linked (GSSS) bonds rebounded strongly in Q1 2023, resuming double-digit growth trends after falling 18% in 2022, according to a new report from Moody’s Investors Service. While the U.S. Non-financial corporate issuance in the U.S.

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SOEs Undermine Credibility of China’s Green Bonds

Chris Hall

The IEEFA’s Christina Ng says China’s state-owned enterprises continue to allocate up to half of their green bond proceeds to non-green projects. . China’s ambition to green its financial market has been making significant progress. SOEs accounted for about half the onshore green issuances from 2019 to 2022.

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Global Regulatory Brief: Green Finance, January Edition

3BL Media

The measures in sum: The package of measures is intended to improve trust and transparency in the market for sustainable investment products and minimize greenwashing. The proposed guidance is designed to help firms better understand the FCA’s expectations under the anti-greenwashing rule and other associated requirements.

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AllianceBernstein: Sustainability-Linked Bonds: The Good, the Bad and the Ugly

3BL Media

Target-Based: ESG Bond Goals Have Expanded ESG-labeled bonds have come a long way quickly, and innovation shows no signs of slowing. UOPs, which are project-based, include green bonds and social bonds that firms issue to finance their environmental or social programs.

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New Guide Calls for SLB Simplicity

Chris Hall

Similarly to green bonds, SLBs have also been criticised for acting as a potential ‘ platform for greenwashing ‘ , with their proceeds sometimes not being used for sustainable causes. Italian energy utility Enel having issued the first-ever SLB in September 2019. billion (US$8.5 billion) in Q1 this year.

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How Fortune 500 Companies Set and Measure Sustainability Goals

Strategic Sustainability Consulting

Without a realistic, actionable plan in place, companies are either ignoring climate impacts or simply greenwashing. A new way to fund sustainability and renewable energy investments is through green bonds. In the pharmaceutical industry Pfizer was the first company to float a $1.25, 10-year sustainability bond.

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A Realist’s Guide to Investing for Good

Stanford Social Innovation

Two years later, Engine #1 sold its asset management business and invested over 700 million dollars into Brazilian miner Vale, the company responsible for the 2019 Brumadinho dam disaster that killed 270 people. Issuance of green bonds has more than tripled from 2017 to 2021.