State Bank of India plans to raise $500 million via green bonds
State Bank of India (SBI) is planning to raise around $500 million through green bonds to provide sustainable project finance. This plan is in line with about Rs 8,000 crore (close $1 billion) raised by the Government of India through maiden sovereign green bonds. Read more
EU Regulators Welcome, Critique New European Sustainability Reporting Standards
ESAs (European Supervisory Authorities), which include The European Banking Authority (EBA), The European Insurance and Occupational Pensions Authority (EIOPA), and The European Securities and Markets Authority (ESMA), have expressed their opinion on ESRS, broadly supporting the standards, while highlighting several areas of improvement for the European Commissions to consider. Read more