Archive

  • Financial firms green bond lending disclosures 'need more detail'

    18 March 2024

    Financial institutions that issue green bonds need to provide more detail on their 'green' lending portfolios, according to one investor.

  • Nature and social standards not top of our priorities, ISSB says

    18 March 2024

    The International Sustainability Standards Board (ISSB) has indicated that it will focus its future work on ensuring implementation of its existing standards - suggesting that it does not plan to imminently begin projects to set dedicated nature-related and social standards.

  • US muni sustainable bond market to grow in 2024, predicts S&P

    18 March 2024

    US municipal issuance of sustainable bonds is forecast to grow 5% in 2024 as issuers are incentivised to return to the market and issuance sizes continue to grow, according to S&P Global Ratings.

  • Landmark green shipping loan loses CBI certification amid contract cancellation

    18 March 2024

    A ground-breaking green shipping loan has had its Climate Bonds Initiative (CBI) certification revoked after the borrower revealed plans to cancel the ship order the loan was intended to finance.

  • Commission to delay review of Green Asset Ratio for banks

    18 March 2024

    The European Commission is to postpone a review of the much-maligned Green Asset Ratio (GAR) reporting indicator for banks, a key figure at the EU's executive arm has said.

  • CSDDD agreed, in watershed moment, but is weakened to 'shadow of former self'

    15 March 2024

    The EU passed a landmark sustainability reporting law which, although significantly weakened from previous versions, was described as "a watershed moment for corporate accountability".

  • Fidelity to focus on transition and executive pay this proxy season

    15 March 2024

    Fidelity International has announced plans to vote on how companies are addressing climate change and tackling deforestation throughout proxy season.

  • People Moves, 15 March: Low Carbon, Persefoni, New Forests, CDP, EdenTree, SBTi ... and more

    15 March 2024
  • French SIF to give opinion on 'credibility' of Shell, Total and Glencore climate strategies

    15 March 2024

    Investors are to receive an opinion on the credibility and ambition of the climate strategies published by European companies including Shell, Total and Glencore, to aid their voting decisions at the companies' shareholder meetings.

  • Nature in fiduciary duty debate is a 'rabbit hole', says Schroders

    15 March 2024

    The debate about whether nature is legally part of fiduciary duty has turned into a "rabbit hole" that asset managers should avoid, Schroders argued, instead urging them to take a 'thoughtful' and holistic approach to nature.