Archive

Exclusive: Commission 'mulls changes to controversial ESRS materiality clause'

A controversial provision to allow companies to choose what climate-related information they must disclose under incoming EU reporting rules could be altered to allay fears that it could offer an 'escape route' from reporting, Environmental Finance has learned.

Insurers set for mandatory transition plans in Solvency II reforms

Insurers would be required to publish plans for reaching net zero by 2050, under draft rules approved by a European Parliamentary committee.

Citi: Corporate ocean impact data is 'pain point'

Linking negative impacts on the oceans to the investee companies responsible for them is a key obstacle for financial institutions, the assistant vice president of Citi's data research arm has said.

Bond round-up: Masdar, Middle East spotlight, Zagrebacki, Cinven ... and more

Time is ripe for Scope 3 sustainability-linked bond growth, says NatWest

The sustainability-linked bond (SLB) market has made "significant progress" on refining targets and being "level-headed" around failure, which NatWest thinks could trigger more Scope 3 emissions targets.

IOSCO: regulators need to help carbon markets 'avoid past mistakes'

Securities and futures markets regulators should help improve "transparency and integrity" in compliance carbon markets, according to a report by the International Organization of Securities Commissions (IOSCO).

FTSE Russell to launch sustainability-linked bond index

FTSE Russell will launch a sustainability-linked bond (SLB) index series next week, which is believed to be only the second index covering the performance-based instrument to date.

Danone's biodiversity footprint shows it degrades an area 'greater than Lebanon'

Food firm Danone's biodiversity footprint for 2021 was equivalent to degrading a pristine area of 10,486.60km², according to Iceberg Data Lab.

Australia to align standards with ISSB

The Australian government has announced it will align its forthcoming reporting standards "as far as practicable" with those by the International Sustainability Standards Board (ISSB).

UK delays sustainability disclosure rules - again

The publication of the UK's Sustainability Disclosure Requirements (SDR) and sustainable investment labels has been delayed again, with publication now set for the fourth quarter of this year.