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Ontario Power Generation includes nuclear energy in green bonds

Corporate Knights

Provincially owned Ontario Power Generation has adopted a green bond framework that includes nuclear power – a first for the electricity utility. . The move followed a controversial decision in the European Union to classify natural gas and nuclear investments as green. . But does that make them objectively green?

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ESG Today: Week in Review

ESG Today

million pounds of plastic from flights; KKR, ECP to invest $50 billion in datacenter capacity and power generation; law firms ramp up ESG training for lawyers; capital raises for sustainable heating, industrial decarbonization, energy sector emissions solutions, and more.

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Mizuho Issues €800 Million Green Bond to Finance Environmental Projects

ESG Today

Tokyo-based banking and financial services company Mizuho announced today an €800 green bond issuance, its largest to date, and the largest euro-denominated green bond issued by a financial institution. Proceeds from the new issuance will be used to finance environmentally friendly projects through Mizuho Bank.

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ESG Today: Week in Review

ESG Today

This week in ESG news: EU Council approves delay of sustainability reporting regulations; ING becomes first major bank with approved science-based financed emissions targets; PwC study finds vast majority of companies are keeping – or raising – climate goals; SEC walks away from climate reporting requirements; Airbus commits to build hydrogen-powered (..)

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Will sustainability-linked loans drive a revolution in finance?

GreenBiz

Now, as the utility charts its way toward decarbonization, this facility gives it a key KPI target to aim for. In fact, Mather expects the SLL market to grow many times bigger than the green bond market, which because of its higher costs has failed to become the financial mechanism it could have become. Carrot and stick.

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Fifth Third Publishes Second Task Force on Climate-related Financial Disclosures Report

3BL Media

It also makes Fifth Third the only bank in its peer group to have maintained a leadership band score for three consecutive years. The Bank has been recognized as a leader by other ESG data providers, including Sustainalytics, MSCI and S&P Global. About Fifth Third.

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Hong Kong Tells Banks to Target Net Zero Financed Emissions, Disclose Climate Risks and Opportunities

ESG Today

Among the key priorities outlined by the HKMA’s new agenda include directives for banks to reach net zero financed emissions by 2050 and to provide disclosures on climate risks and opportunities, and for the HKMA to incentivize sustainable finance innovation and to provide sustainable-financed training programs for finance professionals.

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