Archive

Majority of companies not yet ready to follow CSRD or TNFD, says data provider

Less than one-in-five companies are prepared to report under the EU's Corporate Sustainability Reporting Directive or the Taskforce on Nature-Related Financial Disclosures (TNFD), NatureMetrics has found.

Financial institutions' taxonomy alignment close to zero, PwC study finds

Ditch SFDR definition of sustainable investments, replace Articles 8 & 9, ESMA suggests

The EU should ditch the 'sustainable investment' definition in its Sustainable Finance Disclosure Regulation (SFDR) and introduce a two-tier categorisation system that would effectively replace the current SFDR Articles 8 and 9, an EU regulator recommends.

India plans climate finance taxonomy

India's Ministry of Finance has announced funding to create a taxonomy to attract climate finance, spanning adaptation and mitigation activities.

'Not credible' to run transition funds from third-party data, says MetLife IM

It is "not credible" for investment managers to run a transition investment strategy using third-party data vendors rather than using in-house research, according to MetLife Investment Management (MetLife IM).

UK Stewardship Code changes 'may be' concession to US signatories' fear of antitrust laws

Changes to the UK Stewardship Code to remove a requirement to report annually on collaborative engagement and escalation may have been designed to assuage fears particularly among US managers at violating antitrust laws, it has been suggested.

UK told to accelerate ISSB adoption

SLLP consider formalising 'sleeping SLL' guardrails

The Sustainability-Linked Loan Principles (SLLP) are preparing to formalise treatment of so-called 'sleeping SLLs' in its upcoming revision, including formalising "guardrails" to ensure these contested but "useful tools" are credible.

S&P stops giving ESG scores to Indian companies covered by SEBI rules

'Probably the most beautiful bond we have ever seen'

The Anthropocene Fixed Income Institute (AFII) has argued that sovereign issuers should develop a sustainability-linked bond (SLB) in twin-bond format, arguing this would "probably be the most beautiful bond we have ever seen".