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ESG

Environmental, social, and governance developments shaping sustainable finance.

Banco Santander Publishes Green Bond Report 2024 Confirming EUR 3 Billion Fully Allocated to Renewable Energy
ESG

Banco Santander Publishes Green Bond Report 2024 Confirming EUR 3 Billion Fully Allocated to Renewable Energy

Santander's 2024 green bond report confirms EUR 3bn across three bonds is 100% allocated to 72 wind and solar projects, avoiding 702,600 tonnes of CO2.

17 December 2025
South Africa Launches ZAR 11.8 Billion Infrastructure Bond with Absa CIB as Sole Lead Arranger
ESG

South Africa Launches ZAR 11.8 Billion Infrastructure Bond with Absa CIB as Sole Lead Arranger

South Africa issued its first Infrastructure and Development Finance Bond, raising ZAR 11.8 billion in two tranches to fund the Budget Facility for Infrastructure, with Absa CIB sole lead arranger.

11 December 2025
ABN AMRO Issues GBP 750 Million EuGB-Aligned Senior Non-Preferred Green Bond
ESG

ABN AMRO Issues GBP 750 Million EuGB-Aligned Senior Non-Preferred Green Bond

ABN AMRO has priced a GBP 750 million senior non-preferred green bond aligned to the EU Green Bond Standard, its second EuGB issuance following a February 2025 euro deal.

10 December 2025
Wells Fargo Deploys Record $87 Billion in Sustainable Finance in 2024 While Dropping Net-Zero Pledge
ESG

Wells Fargo Deploys Record $87 Billion in Sustainable Finance in 2024 While Dropping Net-Zero Pledge

Wells Fargo disclosed a record $87 billion in sustainable finance deployed in 2024 and $264 billion cumulatively since 2021, while abandoning its net-zero financed emissions commitment.

10 December 2025
Banco de México Financial Stability Report Highlights Transition Risks from Low-Carbon Economy Shift
ESG

Banco de México Financial Stability Report Highlights Transition Risks from Low-Carbon Economy Shift

Banco de México's December 2025 Financial Stability Report dedicates a section to transition risks from the low-carbon economy shift, highlighting challenges for Mexican financial stability.

10 December 2025
Bank of England PRA Publishes SS4/25 Climate Risk Supervisory Statement, Replacing 2019 Framework
ESG

Bank of England PRA Publishes SS4/25 Climate Risk Supervisory Statement, Replacing 2019 Framework

The PRA published SS4/25 on 6 December 2025, replacing its 2019 climate risk framework with proportionate expectations requiring banks to scale climate work to their materiality of exposure.

6 December 2025
Citigroup Publishes Updated Sustainable Issuance Framework Aligned with 2025 ICMA Principles
ESG

Citigroup Publishes Updated Sustainable Issuance Framework Aligned with 2025 ICMA Principles

Citigroup released its 2025 Sustainable Issuance Framework, reviewed by an independent second-party opinion provider, to support its USD 1 trillion sustainable finance goal.

1 December 2025
Caja Cusco Issues Peru's First Sustainable Bond for a Savings and Credit Cooperative with LAGreen Support
ESG

Caja Cusco Issues Peru's First Sustainable Bond for a Savings and Credit Cooperative with LAGreen Support

Caja Cusco issued Peru's first sustainable bond for a savings and credit cooperative in December 2025, backed by EU/KfW-supported LAGreen Fund investment.

1 December 2025
Bradesco and Neoenergia Complete Brazil's First Green Bonds Under Federal Eco Invest Programme
ESG

Bradesco and Neoenergia Complete Brazil's First Green Bonds Under Federal Eco Invest Programme

Bradesco BBI coordinated R$1 billion in 10-year green bonds for two Neoenergia subsidiaries, the first issuances under Brazil's federal Eco Invest programme.

1 December 2025
ECB Integrates Climate Risk Into EU-Wide Stress Test, Finds CET1 Capital Hit of 151 Basis Points
ESG

ECB Integrates Climate Risk Into EU-Wide Stress Test, Finds CET1 Capital Hit of 151 Basis Points

The ECB's November 2025 Macroprudential Bulletin finds climate transition and acute flood risks together reduce eurozone bank CET1 capital by 151 basis points.

26 November 2025
U.S. Bancorp Discloses USD 22.9 Billion in Environmental Investments in 2024 Corporate Responsibility Report
ESG

U.S. Bancorp Discloses USD 22.9 Billion in Environmental Investments in 2024 Corporate Responsibility Report

U.S. Bancorp's 2024 Corporate Responsibility Report reveals USD 22.9 billion in environmental investments and a 60% reduction in operational GHG emissions since 2014.

20 November 2025
OSFI Publishes Insights from Canada's First Climate Risk Return Submission Cycle
ESG

OSFI Publishes Insights from Canada's First Climate Risk Return Submission Cycle

Canada's financial regulator has released findings from the inaugural Climate Risk Return cycle, revealing 360 MtCO2e in combined financed emissions across the country's biggest banks and insurers.

20 November 2025
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