Archive

Don't demonise high emitting companies that disclose Scope 3, says pensions group

Investors risk "misallocating capital" if they unfairly punish high-emitting companies that disclose their Scope 3 emissions, as these will often make them look worse than peers that fail to disclose, a senior figure at a UK pensions group has warned.

EU pension fund investments are 4.5% aligned with taxonomy, EIOPA says

Sustainability in 2024: From net zero to a more holistic approach

Sustainable finance, ESG issues, biodiversity and climate policies are high on the agenda for the coming year. But a focus on transition will remain key, says Virginie Derue

Financial firms green bond lending disclosures 'need more detail'

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

UK to design US PACE-inspired property energy efficiency improvement model

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

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.

Landmark green shipping loan loses CBI certification amid contract cancellation

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

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.

Comment: Can natural capital become its own asset class?

Investment in natural capital solutions is desperately needed, but many investors don't see a home for them in their portfolios, writes Peter Cripps

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

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