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ESG

Environmental, social, and governance developments shaping sustainable finance.

New Zealand Treasury Discloses NZD 9.72 Billion Raised Under Sovereign Green Bond Programme
ESG

New Zealand Treasury Discloses NZD 9.72 Billion Raised Under Sovereign Green Bond Programme

New Zealand's Debt Management Office disclosed NZD 9.72 billion raised via its Sovereign Green Bond programme since the inaugural 2022 issuance, per the 2025 Annual Review.

18 November 2025
Brazil's National Treasury Publishes Second Allocation and Impact Report on Sovereign Sustainable Bonds
ESG

Brazil's National Treasury Publishes Second Allocation and Impact Report on Sovereign Sustainable Bonds

Brazil's National Treasury has disclosed how proceeds from its 2023 and 2024 sovereign sustainable bonds were split between green and social expenditures.

14 November 2025
Banca Monte dei Paschi di Siena Issues First EUR 500 Million Green Bond to EUR 2 Billion Demand
ESG

Banca Monte dei Paschi di Siena Issues First EUR 500 Million Green Bond to EUR 2 Billion Demand

BMPS priced its debut EUR 500 million 6-year green bond at 90bps over mid-swap, drawing EUR 2 billion in orders — roughly four times the deal size.

13 November 2025
CaixaBank Issues EUR 1 Billion Tier 2 Social Bond, Tightest Southern European Spread Since 2021
ESG

CaixaBank Issues EUR 1 Billion Tier 2 Social Bond, Tightest Southern European Spread Since 2021

CaixaBank priced a EUR 1 billion Tier 2 social bond at 145bps over midswap, the tightest such spread from Southern Europe since 2021, with a EUR 1.9bn order book.

9 November 2025
Garanti BBVA Issues Turkey's First Biodiversity Blue Bond at USD 20.22 Million
ESG

Garanti BBVA Issues Turkey's First Biodiversity Blue Bond at USD 20.22 Million

Garanti BBVA has issued Turkey's first biodiversity blue bond, a USD 20.22 million instrument with a 1,100-day maturity aimed at preserving marine ecosystems in the Mediterranean basin.

5 November 2025
Canada Announces Sustainable Bond Framework for Green and Transition Finance
ESG

Canada Announces Sustainable Bond Framework for Green and Transition Finance

The Government of Canada has announced plans for a Sustainable Bond Framework to enable green and transition bond issuances aligned with a made-in-Canada investment taxonomy.

1 November 2025
Shinhan Bank Publishes Inaugural Transition Bond Framework to Finance South Korea's Hard-to-Abate Sectors
ESG

Shinhan Bank Publishes Inaugural Transition Bond Framework to Finance South Korea's Hard-to-Abate Sectors

Shinhan Bank has launched a Transition Bond Framework targeting chemicals and heavy industry decarbonisation, assessed by DNV as aligned with ICMA Green Bond Principles.

25 October 2025
Kenya's Equity Group Launches 2024 Sustainability Report Showing 35 Million Trees Planted and First SDID Report with J.P. Morgan
ESG

Kenya's Equity Group Launches 2024 Sustainability Report Showing 35 Million Trees Planted and First SDID Report with J.P. Morgan

Equity Group's 2024 Sustainability Report reveals 35 million trees planted, a first-ever SDID Report with J.P. Morgan, and an 18% reduction in total waste across seven African markets.

21 October 2025
Equity Group and J.P. Morgan Launch Kenya's First SDG Impact Disclosure Report
ESG

Equity Group and J.P. Morgan Launch Kenya's First SDG Impact Disclosure Report

Equity Bank Kenya launched its inaugural Sustainable Development Impact Disclosure Report with J.P. Morgan, reporting KES 26 billion in sustainable finance and 466,975 households reached.

20 October 2025
JPMorgan Chase Drops 2030 Operational Emissions Goal While Maintaining $1 Trillion Clean Economy Commitment
ESG

JPMorgan Chase Drops 2030 Operational Emissions Goal While Maintaining $1 Trillion Clean Economy Commitment

JPMorgan Chase withdrew its 2030 target to cut operational emissions by 40%, having achieved only a 14% reduction by end-2024, while retaining its $1 trillion green finance commitment.

17 October 2025
FDIC and Federal Reserve Rescind Interagency Climate Risk Guidance for Large US Banks
ESG

FDIC and Federal Reserve Rescind Interagency Climate Risk Guidance for Large US Banks

The FDIC and Federal Reserve jointly rescinded the 2023 interagency climate risk guidance for large financial institutions, completing a rollback that began with the OCC's withdrawal in March 2025.

16 October 2025
JPMorgan Chase Drops 2030 Operational Emissions Target While Disclosing $309 Billion in Sustainable Finance
ESG

JPMorgan Chase Drops 2030 Operational Emissions Target While Disclosing $309 Billion in Sustainable Finance

JPMorgan Chase has removed its 2030 target for a 40% cut in operational emissions while reporting $309bn deployed toward its $1 trillion sustainable development goal since 2021.

15 October 2025
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