Softer conditions to start the year
Insight
April 28, 2023
Sustainable Finance Newsletter: April 2023
A look at what’s been happening in the sustainable finance market in Australia and abroad.
Welcome to NAB’s regular newsletter on the Sustainable Finance markets from an Australasian perspective. Items in this issue include following and more.
Market overview – 1Q23
Investor and market news
- Findings from the ASFI’s final taxonomy report
- Updates from the latest IPCC Synthesis report
- ASIC launched their first court action related to greenwashing
Regulatory developments
- Updated Sustainability Linked Loan Principles and related Guidance, Green Loan Principles, Social Loan Principles.
- Read more on the ACCC’s findings of their internet sweep of environmental claims
- Plus, more.
Selected recent deals
- Queensland Treasury Corporation (QTC) issued $A 10yr Green Bond. NAB acted as Joint Lead Manager.
- New Zealand Debt Management issued NZ$3 billion New Zealand Sovereign Green Bond that will mature in 2034. BNZ acted as Sustainability Coordinator/Structurer.
- Acciona Financiacion Filiales Australia entered into a A$225m sustainability-linked loan with KPIs outlined in the Sustainable Finance Framework. NAB acted as Sustainability Coordinator.
