Spain’s BBVA, KKR Forge Strategic Partnership on Decarbonization Initiatives
BBVA has committed $200 million to KKR´s Global Climate Strategy, which invests in solutions at scale focused on transitioning to a low-carbon economy.
CSRHub Launches ESG Roadmap, a Guide to ESG Ratings Improvement
The ESG Roadmap tool will save companies resources and provide them with business intelligence for sustainable growth.
MUFG and Doha Bank Close First Green Repurchase Scheme in Middle East
This transaction marks both institutions’ first green repo scheme, utilizing green bonds as the underlying collateral.
Indian Companies Embrace Sustainability in HR as ESG Takes Center Stage: Report
A new report by FICCI and BCG reveals that 84 percent of Indian CXOs feel ESG initiatives are essential in driving human resource strategies.
UAE’s IFFCO Group Sets New Landmarks on its Climate Roadmap
The group has announced significant progress in its ESG efforts, including increased waste recycling and reduced water intensity.
Nearly 80% of Middle East Executives Have Formal Sustainable Strategies: PwC
PwC’s Middle East Sustainability Survey reveals a significant shift towards prioritizing sustainability in corporate agendas.
EU Regulators Push for Clearer Sustainable Finance Rules
The ESAs have issued recommendations to improve the sustainable finance disclosures regulation, aiming to enhance transparency and combat greenwashing in financial services.
UltraTech Raises $500M to Advance Sustainability and ESG Goals
This transaction marks its second sustainability-linked financing, following its inaugural bond issuance of $400 million in 2021.
SEBI to Widen Scope of Sustainable Finance Through ESG Debts
This category will include social bonds, sustainable bonds, and sustainability-linked bonds, in addition to the current green debt securities.
UAE’s Etihad Rail Launches Sustainable Finance Framework for Green Investments
This framework aims to facilitate the issuance of green bonds, which will be instrumental in securing funds for lower-carbon infrastructure projects such as clean transportation, green buildings and pollution control.