With sustainability under ever-increasing scrutiny, and market participants being asked to adapt, evolve, and lead, we felt it only right to apply that same critical lens to our Horizons publication.

That’s why we’re excited to unveil a fresh new addition: Political Pulse – our sharp, on-the-ground scan of the sustainability regulatory landscape across Europe. Think of it as your inside line on what’s bubbling under in Brussels, brewing in London, and emerging across the continent. This new feature builds on the extensive regulatory work we’ve been undertaking and ensures you're always one step ahead.

We’re also pleased to spotlight our latest insights report, which focuses on the pivotal role of sustainability-linked loans in the global sustainable finance landscape. These instruments have driven real progress by bringing sustainability into every finance conversation, irrespective of whether the final product carries a formal label. As a result, they have become a core tool in mainstreaming sustainability across markets.

Notably, as well as hosting a roundtable discussion on the Omnibus proposals in Q2, the LMA recently responded to the Sustainable Finance Disclosure Regulation call for evidence in anticipation of the upcoming review (scheduled for Q4 2025). Our response also highlighted four key challenges under the current framework, namely: (i) misalignment of reporting definitions across sustainability frameworks; (ii) a lack of interoperability with international standards; (iii) challenges in accessing good quality, relevant and comparable data; and (iv) the failure to effectively capture investments in transition assets under the framework. A full copy of our response can be found here. The next Sustainable Finance Regulatory Committee meeting is scheduled for 26 June.

Our work on transition finance continues to progress, and we’re optimistic about presenting something tangible to the market in the coming months. Meanwhile, our exploration into the role of pure-play companies in the labelled market is officially gaining momentum, underscoring their growing significance in achieving global sustainability goals.

From an events perspective, Q2 has been full-on! We engaged with over 300 members across four countries (Nigeria, Sweden, Norway, and Finland) through our international sustainability events and roundtables. These sessions delivered rich insights and thought-provoking takeaways for us to reflect on and take forward. You can find more in our dedicated blogs (Nigeria and the Nordics). Creating space for collaboration across such a diverse group of market participants is what truly enables us to move the needle on sustainable finance.

We hope you enjoy this refreshed edition of Horizons, and as always, we welcome your thoughts, feedback, and ideas.

Gemma and Hannah