IFC Commits USD 100 Million Green Building Loan to Santander Chile in First of Its Kind for Santander Group
IFC committed a USD 100 million green loan to Santander Chile to finance green buildings, the first such deal for the Santander Group worldwide.
SEB Publishes 2024 Green Bond Investor Report, Disclosing SEK 82.7 Billion in Eligible Green Assets
SEB's eligible green asset portfolio rose more than 30% year-on-year to SEK 82.7 billion in 2024, with bonds outstanding estimated to have avoided 1.9 million tonnes of CO2.
SEB Reports 30% Growth in Green Asset Portfolio to SEK 82.7 Billion in 2024 Investor Report
SEB's 2024 Green Bond Investor Report shows eligible green assets reached SEK 82.7 billion at year-end, up 30% from 2023, with proceeds linked to 1.9 million tonnes of CO2 avoidance.
KBC reports EUR 25 billion in environmental loans in 2024 sustainability report
The Belgian group's 2024 Sustainability Report shows EUR 21 billion of mortgages for energy-efficient housing and nine of its twelve lending climate targets in line with its benchmarks.
Central Bank of Kenya Releases Green Finance Taxonomy and Climate Risk Disclosure Framework
The Central Bank of Kenya has released a Green Finance Taxonomy and Climate Risk Disclosure Framework for banks, applying on a voluntary basis for 18 months before becoming mandatory.
China Issues Inaugural Sovereign RMB Green Bond Raising RMB 6bn on London Stock Exchange
China's Ministry of Finance raised RMB 6bn (USD 824m) through its inaugural sovereign RMB green bond on 2 April 2025, listed on the LSE and oversubscribed 6.9 times across two tranches.
Standard Bank Group Raises Sustainable Finance Target to R450 Billion by 2028, Nearly Doubling Prior Goal
Standard Bank has raised its sustainable finance mobilisation target to R450 billion by 2028, up from R250 billion, having already deployed R177 billion since setting the original goal in 2022.
US OCC Withdraws from Interagency Climate Risk Management Principles for Large Banks
OCC Acting Comptroller Rodney Hood withdrew the agency from interagency climate risk principles on 31 March 2025, calling them overly burdensome and duplicative of existing guidance.
US SEC Votes to Abandon Defence of Its March 2024 Climate Disclosure Rules
The SEC voted on 27 March 2025 to cease defending its 2024 climate disclosure rules in federal court, with Acting Chairman Mark Uyeda calling the rules costly and unnecessarily intrusive.
Itaú Unibanco Issues Its First Biodiversity and Social Bond Worth BRL 1.4 Billion
Itaú Unibanco, IFC and IDB Invest announced a BRL 1.4bn (USD 250m) dual-series bond on 20 March 2025 — its first with a focus on biodiversity — with IFC as a USD 200m anchor investor.
SMFG reports full allocation of EUR 500 million green bond to five renewable energy projects
Sumitomo Mitsui Financial Group said proceeds from its October 2024 seven-year green notes had been fully allocated to wind and solar projects, which it estimates avoid 3.54 million tonnes of CO2 a year.
UBS Delays Operational Net-Zero Target by a Decade to 2035 After Credit Suisse Acquisition
UBS has pushed back its operational net-zero target from 2025 to 2035, citing the enlarged corporate real estate portfolio inherited from the Credit Suisse acquisition.