Daily FNArena News - ESG Focus

A new Carbon Pricing Index is drawing attention to the huge emissions control gap between Australia and climate change leading nations

The US Federal Reserve Bank of New York is joining the push to stress-test banks for climate risks; a push that will force banks to collectively lay aside trillions in capital; apply further pressure to fossil-fuel producers; and help build insight into the macro and micro economic risks of the transition

Some of the ASX’s large cap, household companies are demonstrating commitment to environmental, social and governance concerns through strategy integration

The role of technology in sustainability is much broader than just the IT sector. Technology can also be a powerful force for good by enabling companies in non-tech sectors to operate in a more sustainable way

The migration of big transitioners from use-of-proceeds and vanilla debt markets to SLBs is to begin in earnest so we check out transition SLBs along with the brown taxonomy, which deals with the tricky bond-principle demand of “do no harm”

As the big end of town seeks to fund its ESG ambitions with sustainability-linked bonds, FNArena checks out the pros, cons, pitfalls and future of the market from the investor’s perspective.

The carbon transition marks a huge structural shift in the way the global economy will operate. Investors need to think about this, suggests AXA’s Jane Wadia

Major corporations are using sustainability-linked bonds to fill their coffers to fund their green transitions, which is set to kick off in earnest in 2022

Borrowers and investors will confront a range of penalty mechanisms – both in type and size – as sustainability-linked finance floods the market

Sustainability-linked finance has kicked off and is preparing to take the world by storm, pundits tipping the market will hit US$17trn within five years