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TNFD kicks off 2023 framework plan as working group members appointed
30 September 2021More than 100 institutions have signed up to support the Taskforce on Nature-related Financial Disclosure (TNFD), with 30 members appointed to lead the development of the framework, which is expected to be finalised in 2023.
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Standardised format for companies' SASB disclosures launched
30 September 2021UK non-profit the Value Reporting Foundation has launched a tool for companies to report ESG data that follows Sustainability Accounting Standards Board (SASB) standards in a digital format.
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BlackRock buys physical climate risk model unit from Rhodium
30 September 2021US asset manager BlackRock has acquired the physical climate risk models from research firm Rhodium to expand the climate analytics capability of its Aladdin investment software, according to an internal memo seen by Environmental Finance.
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Start-ups 'make up 39% of ESG data market'
30 September 2021'Start-up' companies aged up to five years make up 39% of the ESG data market, a report has found.
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New York Fed climate stress test demonstrates 'substantial' risk for banks
28 September 2021Researchers at the Federal Reserve Bank of New York have published a transition risk-focused climate stress test metric for banks, which demonstrated climate risk was "economically substantial" for some lenders during the 2020 energy crisis.
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Platts calculates carbon intensity of oil barrels
27 September 2021Carbon intensity figures for oil produced by 14 major crude fields around the world will be released monthly by energy information provider S&P Global Platts.
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Impact Cubed launches SDG-focused data platform
27 September 2021Impact Cubed has launched a data platform it says enables investors to compare investment propositions based on their contribution to the UN Sustainable Development Goals (SDGs).
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US SEC pens sample letter for companies with insufficient climate disclosures
24 September 2021The US Securities and Exchange Commission (SEC) has published an 'illustrative letter' it could send to companies...
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High ESG ratings deliver 'persistent' outperformance in Europe - but not the US
23 September 2021Companies with high environmental, social and governance (ESG) ratings in the EU demonstrated "persistent outperformance"...
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Fitch to use RepRisk data for its forthcoming ESG ratings
23 September 2021US financial company Fitch Group is partnering with Swiss data firm RepRisk on its newly launched ESG ratings arm for fixed income.