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ESG

Environmental, social, and governance developments shaping sustainable finance.

ESG

Kenya's Central Bank and Equity Bank Advance Sustainable Finance Under New Climate Risk Framework

Kenya's banking sector is stepping up green finance commitments as the CBK embeds climate risk management into its supervisory expectations for lenders.

15 April 2025
MUFG Issues JPY 16.5 Billion Sustainability Bond in Japan Under 2024 Framework
ESG

MUFG Issues JPY 16.5 Billion Sustainability Bond in Japan Under 2024 Framework

MUFG priced a JPY 16.5 billion 11-year sustainability bond in the domestic Japanese market on 4 April 2025, its second issuance under its July 2024 Sustainability Finance Framework.

11 April 2025
ESG

Bank of China Discloses Full Allocation of 14 Offshore Sustainability Bonds in 2024 Annual Report

Bank of China's 2024 sustainability bond annual report confirmed full allocation of 14 offshore green and sustainability bonds to renewable energy, clean transport, and social projects.

11 April 2025
ESG

SBI Advances Green Bond Programme as India's Sovereign Green Bond Market Tops INR 440 Billion

State Bank of India is expanding its ICMA-aligned green bond programme as India's sovereign green bond market surpasses INR 440 billion raised since January 2024.

10 April 2025
ESG

SEB Publishes 2024 Green Bond Investor Report, Disclosing SEK 82.7 Billion in Eligible Green Assets

SEB's eligible green asset portfolio surged 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.

8 April 2025
ESG

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.

8 April 2025
ESG

OSFI Updates Guideline B-15 to Align With CSSB Standards and Extends Scope 3 Disclosure Deadline to 2028

Canada's OSFI updated Guideline B-15 in April 2025 to align with CSSB standards and extended the Scope 3 GHG emissions disclosure deadline to fiscal year 2028.

4 April 2025
State Bank of India Sets 7.5–10% Green Portfolio Target by 2030 and Launches CHAKRA Centre
ESG

State Bank of India Sets 7.5–10% Green Portfolio Target by 2030 and Launches CHAKRA Centre

SBI has set a 2030 target for green lending to reach 7.5–10% of total advances, up from 1.56%, backed by USD 1.05 billion raised through green bonds.

3 April 2025
ESG

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.

2 April 2025
ESG

Swedbank Grows Sustainable Asset Register 73% to SEK 128 Billion and Refreshes Green Funding Framework

Swedbank's Sustainable Asset Register reached SEK 128bn at end-2024, a 73% year-on-year rise, as the bank updated its framework to ICMA GBP and SBP 2025 standards.

2 April 2025
ESG

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.

31 March 2025
ESG

Access Holdings Confirms Carbon Neutrality Target of 2035 and ESG Integration Across Nigeria Operations

Access Bank's 2024 annual report sets a 2035 carbon neutrality target, reports USD 278 million in sustainability lending, and 221 solar-powered ATMs deployed.

27 March 2025
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