Archive

Simplify 'major source of regulatory burden' of sustainability reporting, urges Draghi report

The EU should simplify its sustainability reporting and due diligence framework as part of efforts to rescue the bloc from economic underperformance and promote its competitiveness internationally, according to a report by Mario Draghi.

UK firms facing 'cliff-edge' risks of fund name rule breach given reprieve by regulator

Fund managers struggling to meet a looming deadline to comply with UK sustainability name rules have been given an extension by their regulator.

GRI and IFVI to collaborate on sustainability data

Cuts to UK Stewardship Code must not translate into reduced scrutiny, FRC told

The removal of some reporting requirements under the UK Stewardship Code to reduce the reporting burden on signatories must not lead to weakened regulatory scrutiny of reporting, the Financial Reporting Council (FRC) has been told.

MSCI developing transition plan assessment product

Data giant MSCI is developing a dedicated product to help investors assess the credibility of climate transition plans, Environmental Finance has learned.

Abris rolls-out ESG methodology to 'squeeze out' higher valuations

Private equity firm Abris Capital Partners has introduced a portfolio-wide ESG-linked methodology to enhance valuations from all its holdings by improving and reducing revenues and costs.

European groups exploring adoption of UK Transition Plan Taskforce framework

German and French investor groups have begun preliminary talks to understand how the UK Transition Plan Taskforce (TPT) framework can be used in the European countries, Environmental Finance has learned.

Build EU sector-specific standards on ISSB baseline, Faber says

Delays to the introduction of EU sustainability reporting standards gives the bloc an opportunity to base its requirements on the IFRS S1 and S2 standards, the European Commission has heard.

Need to bring ocean data to the financial 'front line', says former Citi chairman

Better access to higher-quality data for financial institutions and investors will help to scale up ocean-related investing, according to Citi's former sustainability chairman.

Risk of fragmentation of ESG ratings regulation remains despite IOSCO work, CDP warns

Differences in how countries have devised rules or voluntary codes of conduct for ESG ratings and data shows that there remains a risk of divergence between jurisdictions that raises costs for providers and users, CDP has warned.