"Sustainable Finance" News Archive

LG Electronics issued its first global bond in 17 years, raising USD 800 million with strong global institutional interest despite market volatility.

The evolving discussion on double materiality holds significant implications for accounting standards and finance, with the IFRS set to determine its direction before COP26, shaping the path towards a net-zero economy.

JP Morgan Chase Bank, N.A. and Sudrania Fund Services Corporation serve as fund administrators for the trusts.

The SEC has introduced new rules that aim to standardize climate-related disclosures, emphasizing Scope 1 and 2 greenhouse gas emissions.

Investors are pressuring fashion brands such as Burberry and Levi’s to improve their buying practices, driven by the recognition that sustainability is crucial for long-term financial success.

Mounting regulatory pressures and demand for science-based reduction targets are compelling businesses to prioritize managing Scope 3 emissions, despite challenges in measurement and reduction due to data limitations and operational complexities.

Amidst the SEC's climate disclosure rule, Investor Relations Officers face heightened responsibility in managing reputation, ESG concerns, and financial communications to maintain stakeholder trust.

Recent guidance from EFRAG aims to streamline a structured assessment process, echoing historical stakeholder engagement practices in assessing sustainability matters through a double-materiality lens.

The CSRD will revolutionize sustainability reporting, aligning it with financial disclosures by requiring comprehensive ESG reporting, necessitating a substantial expansion in disclosure scope regardless of previous practices.

Owner of Timberland and the North Face, the U.S. fashion retailer has just closed its second bond issue to support key sustainability initiatives that the company aims to achieve.