Archive

UK regulator outlines ESG fund principles amid 'poor quality' applications

Implied temperature rise disclosure could be gamed, CDP says

Corporations could manipulate their disclosure of the implied temperature rise associated with investments to make the data look better than the reality, the CDP has warned

BOJ to fund climate projects in return for disclosures

The Bank of Japan (BOJ) has said it will help fund financial institutions' projects addressing climate change ...

Technological advances lower barriers to entry for spatial finance, study finds

Financial institutions are increasingly using 'spatial finance' data to assess climate risk after technological advances

SBTi tightens corporate climate target requirement from 2022

The Science Based Targets initiative (SBTi) said that companies looking to validate their climate goals from mid-2022

TCFD forward-looking proposals detrimental for asset owners, says TPI

The Transition Pathway Initiative (TPI) says its asset owner members are concerned at "significant gaps and technical weaknesses" in proposals by the Task Force on Climate-related Financial Disclosures (TCFD), in a fierce rebuttal of plans to recommend 'forward-looking' climate reporting.

Hong Kong appoints sustainable finance group to bolster disclosures

Hong Kong's securities regulator and central bank have helped create a group of experts to develop sustainability reporting and a dedicated carbon market in the territory.

Investors use 'up to 100,000 pieces of data' to show EU taxonomy alignment

The sustainability reporting burden imposed by regulation could be lessened in coming years with the development of a free-to-use European database, an Environmental Finance webinar heard. Michael Hurley reports

Lack of ESG data a barrier to investors, finds Index Industry Association

The Index Industry Association (IIA) has found that a lack of standardised sustainability data is one of the main barriers to asset managers...

EU expert group publishes proposed social, transition Taxonomy extensions

The Platform on Sustainable Finance (PSF) has published proposals for extending the EU Taxonomy for sustainable activities to include 'social' objectives, as well as extend the existing 'green' Taxonomy to specifically identify environmentally harmful and 'transition' activities to add nuance to the landmark regulation.