Archive

  • A third of funds claim ESG characteristics, according to SFDR filings

    25 November 2021

    Swiss firm Pictet Asset Management managed more than a tenth of total 'Article 9' fund assets in the EU during the first half of 2021, according to a report...

  • IOSCO outlines 'milestone' ESG rating and data oversight recommendations

    23 November 2021

    IOSCO has provided recommendations for securities regulators to strengthen their oversight of ESG ratings and data providers after "several areas of concern" were identified by market participants.

  • French central bank: Greenwashing may be next 'nightmare'

    19 November 2021

    'Greenwashing' could be the next "nightmare" for those looking to invest in green bonds, the Banque de France (BdF) has said.

  • Nestlé dropped from DJSI 'after reporting review'

    17 November 2021

    Nestlé has blamed its removal from the S&P Dow Jones Sustainability Indices (DJSI) on a review of its sustainability reporting.

  • 'Logical' to expect climate-related capital requirements - ECB's Elderson

    11 November 2021

    It is "logical" to expect that banks will be required to hold more capital in reserve to cover climate-related risks, a senior official at the European Central Bank has said, in the strongest indication yet that the central bank will adapt prudential requirements to cover climate risks.

  • MAS to pilot digital ESG data platforms

    10 November 2021

    The Monetary Authority of Singapore (MAS) is set to pilot the development of digital platforms for sustainability-related data, in a move designed to address investors' concerns about the lack of comparability and accessibility of such information.

  • Delayed transition raises probability of default by 10%, warns Moody's

    10 November 2021

    Companies that delay action to reduce their greenhouse gas emissions face, on average, 10% higher probability of default relative to a scenario...

  • Qontigo adds carbon price to its macro risk model

    08 November 2021

    Qontigo has started factoring carbon pricing into modelling used to measure the risk of equities.

  • Swiss regulator tightens 'greenwashing' scrutiny of funds

    08 November 2021

    The Swiss Financial Market Supervisory Authority (FINMA) has published guidance for fund managers to combat 'greenwashing'...

  • 'Much needed' EU, China common ground taxonomy published

    05 November 2021

    The International Platform on Sustainable Finance (IPSF) has published its long-awaited initial scoping report detailing its "common ground" taxonomy (CGT) of green activities, described as a "much-needed" attempt to set global definitions.