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'Historic day' as EU CSDDD approved
24 April 2024Rules to require large companies active in the EU to report on the sustainability of their supply chains and make best efforts to implement a climate transition plan have been approved, in what was labelled an "historic day".
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'Unprecedented': Woodside Energy climate plan rejected by investors
24 April 2024Australian oil and gas firm Woodside Energy had its climate transition plan rejected by a majority of shareholders at its annual general meeting (AGM), with investor groups arguing this record-breaking opposition showed its plans remained "insufficient".
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More money market funds are Article 8, but fewer put ESG in the name
24 April 2024Nearly three-quarters of European money market funds (MMFs) are now classified as Article 8 under the EU's Sustainable Finance Disclosure Regulation (SFDR),...
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Taxonomy users told to get creative to maximise its transition planning potential
24 April 2024The EU taxonomy of sustainable activities can help formulate climate transition plans in ways it is currently not being widely used, according to members of a European Commission-mandated expert group.
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ISSB to work on biodiversity disclosures
23 April 2024The International Sustainability Standards Board (ISSB) will launch a research programme on biodiversity disclosures, with a view to potentially working on a standard.
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FCA confirms start date for anti-greenwashing rule
23 April 2024Financial services companies in the UK will be bound by anti-greenwashing rules from June, the Financial Conduct Authority (FCA) confirmed as it issued further guidance.
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Rwanda considering sovereign SLB after development bank success
23 April 2024Rwanda is considering issuing a sovereign sustainability-linked bond (SLB) after its development bank successfully issued a ground-breaking deal last year, an Environmental Finance event heard.
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Austria launches ground-breaking 'green' money market instrument
23 April 2024Austria has launched the first sovereign 'green' money market product which is open to retail investors, with a "strong uptake" in the 'Green Bundesschatz' reported from investors already.
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Governments urged to make nature transition plans mandatory
23 April 2024Governments have been urged by Finance for Biodiversity to make nature transition plans and disclosures mandatory for the financial sector to meet the goals of the Global Biodiversity Framework (GBF).
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Europe needs more green securitisations, says head of French central bank
23 April 2024'Green securitisations' could be key to unlocking "several hundred billion euros a year" for the energy transition - helped by a common European issuance platform of such instruments, the head of the French central bank has said.