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 chair Uyeda pledging a shift to a materiality-focused approach.
Bank Mandiri Issues IDR 5 Trillion Second Green Bond Tranche in Indonesia, Achieving 2.55x Oversubscription
Bank Mandiri's second green bond tranche of IDR 5 trillion was oversubscribed 2.55x as the bank's sustainable portfolio reached IDR 294 trillion.
Bancolombia Reports COP 14.7 Trillion Sustainability Portfolio and Highlights Colombia's First Blue Bond
Bancolombia, Colombia's largest bank by assets, reported a COP 14.7tn active sustainability portfolio in 2025 and highlighted its pioneering issuance of Colombia's first blue bond in 2024.
Itaú Unibanco Issues Brazil's First Biodiversity and Social Bond Worth BRL 1.4 Billion
Itaú Unibanco issued a BRL 1.4bn (USD 250m) dual-series bond on 20 March 2025 — Brazil's first focused on biodiversity and MSMEs — with IFC as a USD 200m anchor investor.
AIB Raises EUR 500 Million in Seventh Green Bond with EUR 1.3 Billion Peak Demand
Allied Irish Banks raised EUR 500 million in a senior non-preferred green bond on 17 March 2025, attracting peak demand of EUR 1.3 billion and lifting ESG issuance to EUR 6.9 billion since 2020.
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.
Scotiabank's 2024 Sustainability Report Shows CAD 212 Billion Cumulative Climate Finance and Record Bond Issuance
Scotiabank's 2024 Sustainability Report shows CAD 40bn in climate finance delivered in 2024 and CAD 212bn cumulative since 2019, reaching 61% of its CAD 350bn target by 2030.
DBS Bank Discloses SGD 89 Billion Sustainable Financing Portfolio in 2024 Sustainability Report
DBS Bank's 2024 Sustainability Report shows SGD 89bn in sustainable financing outstanding and SGD 38bn in sustainable bond issuances facilitated during the year.
UAE's Dubai Islamic Bank Launches World's First Islamic SLFF Framework for Sustainability-Linked Sukuk
Dubai Islamic Bank has become the first Islamic bank globally to publish a Sustainability-Linked Finance Facilities framework, enabling sukuk issuance tied to sustainability KPIs.
South African Reserve Bank Publishes Climate Risk Consultation Paper Drawing on 2024 Stress-Test Scenarios
The SARB released a consultation paper in March 2025 setting out proposed prudential climate risk rules for South African banks, building on its 2024 Climate Risk Stress Test findings.
Italy's Mediobanca Issues First Sustainability-Labelled Tier 2 Bond, Pushing ESG Stack to EUR 1.8 Billion
Mediobanca has priced a EUR 300 million Sustainability Tier 2 bond — its fourth ESG issuance and the first sustainability-labelled Tier 2 in the bank's history.
Standard Chartered Publishes 2025 Sustainability Bond Framework With USD 300 Billion Mobilisation Target
Standard Chartered has published its updated 2025 Sustainability Bond Framework, aligned with ICMA's latest principles, targeting USD 300bn in sustainable finance by 2030.