Remove Banking Remove Green Bonds Remove Net Zero
article thumbnail

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?

article thumbnail

How Green Bonds Will Fund a Green Future

3BL Media

An Explosion of ESG Bond Issuance. ESG-labeled bond issuance surged to new heights in 2021. Green bonds, which fund particular projects, continued to dominate. But issuance of social, sustainability and sustainability-linked bonds—which reference specific key performance indicators, or KPIs—grew fastest (Display).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Canada can’t finance the energy transition without getting tough on banks

Corporate Knights

At Investors for Paris Compliance, we just reviewed our major banks' net zero progress to assess whether they may have it covered. They say they are committed to net zero, and between them, they have pledged about $2 trillion of what they call “sustainable finance” by 2030.

Banking 246
article thumbnail

The 25 most sustainable public-sector companies in the world

Corporate Knights

From the ranking leader Hydro-Qubecs $155-billion green-energy expansion plan, to 12th-place Bpifrance banks financing solar and wind power loans, the inaugural list shows how investments in renewable energy pay off. before 2050, and 75% of the citys net-zero strategy relies on these investments. That now includes 7.6

Net Zero 172
article thumbnail

The 25 most sustainable private companies in the world

Corporate Knights

Oesterreichische Kontrollbank AG Sustainable development bank Oesterreichische Kontrollbank (OeKB) or Austrian Control Bank is a special-purpose financial institution owned by Austrias main banks. Reaching net-zero as we grow remains vital. Go-Ahead Group Ltd Net-zero-aligned transporter Go-Ahead is a U.K.-based

Net Zero 206
article thumbnail

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.

Net Zero 113
article thumbnail

Singapore Raises S$2.4 Billion in Inaugural Green Bond Offering

ESG Today

billion) in its inaugural green bond offering, kicking off a multi-year program aimed at raising up to S$35 billion to fund the country’s sustainable transition strategy. The offering of the August 2022 bonds was met with strong demand, with the S$2.4 Billion in Inaugural Green Bond Offering appeared first on ESG Today.