17-minute read
The World Conservation Congress of the International Union for Conservation of Nature (IUCN) was held in Marseille from September 3 to 11. More than 9,000 delegates and 25,000 peo...
1-minute read
On September 09th, 2021 Saur successfully completed its inaugural Sustainability-Linked Bonds with an issuance of EUR 950 million. With this transaction, the Group refinanced its d...
5-minute read
In August 2021, the European Commission, released a report[1] based on a study carried out by BlackRock Financial Markets Advisory on the integration of ESG objectives into EU bank...
4-minute read
Following our recent article “Sustainable Taxonomy development worldwide: a standard-setting race between competing jurisdictions” (July 2021), we have just released our dedicated ...
31-minute readExecutive SummaryESG and sustainable finance markets are soaring and so are greenwashing suspicions and legal risks. The SEC and BaFin’s probes against DWS for overstating its ESG in...
1-minute read
The first ever Green Cat Bond
Generali successfully priced last June 25, 2021 a € 200m Catastrophe Bond (“Lion III Re DAC Notes”)[1]. This is the first ever Green Cat Bond sponsor...
7-minute read
In July 2021, the Global Sustainable Investment Alliance[1] (GSIA) published its fifth Global Sustainable Investment Review (GSIR) biennial report[2]. GSIA was founded back in 2010...
21-minute read
On 14 July, the European Commission adopted a set of 13 proposals, the so-called “Fit for 55 package”, to make the EU's climate, energy, transport and taxation policies commensura...
2-minute read
Following November’s 2020 release of Repsol’s 2021-2025 Strategic Plan, on June 14, the company has presented its innovative, comprehensive, and overarching “Transition Financing F...
8-minute read
After a decade of preparation and repeatedly delayed launch, China’s national Emissions Trading Scheme (ETS) officially made its debut on July 16, 2021. The national ETS market clo...
8-minute read
The European Central Bank (ECB) has been under increased pressure from civil society and politicians to take action on climate change[1]. Sign of the acceleration that we are witn...
9-minute read
On July 12, the Platform on Sustainable Finance published two draft reports about a social taxonomy proposal and an extension of the current green taxonomy to significantly harmful...
In July, a multitude of legislative proposals and strategies related to sustainable finance have been announced by the European Commission and the European Central Bank...
7-minute read
On May 7, 2021, the EU Commission published a call for public feedback on the contemplated content, methodology and presentation of the information that companies will have to dis...
6-minutes read
Last week was marked by the publication by the International Energy Agency (IEA) of its net zero emissions (NZE) scenario for 2050, with some of the findings, such as the fact it ...
30-minute read
On May 26th, the District Court of The Hague in the Netherlands ruled that Royal Dutch Shell (“RDS”) must curtail its scope 1 to 3 global carbon emissions by net 45% by 2030 compa...
3-minutes read
The Autorité de Contrôle Prudentiel et de Régulation (ACPR), the French banking and insurance supervisory body, released early May the results of its first pilot climate stress te...
20-minute read
The 53-page Draft Report on “Social Taxonomy” from the Sustainable Finance Platform Subgroup recently leaked. To our great surprise, it offers an already sophisticated approach a...
