Archive

Pressure on financial institutions to back up climate pledges growing - 2DII

There is a "pressing need" for financial institutions to provide detailed evidence of the impact of their pledges to help curb climate change - especially as regulators increase their scrutiny of the area, according to thinktank 2° Investing Initiative.

IFRS sustainability standards could create 'additional fragmentation'

The IFRS Foundation has been warned that if it does not support the work of existing standard setters, its proposals to develop consolidated international sustainability reporting standards could lead to "additional fragmentation in an already crowded ecosystem".

EFAMA backs call for ESG data firm regulation

The European Fund and Asset Management Association (EFAMA) has announced support for proposals by two European market watchdogs that the EU should regulate environmental, social and governance (ESG) data, research and ratings firms.

French and Dutch watchdogs propose EU regulation of ESG data firms

News round-up: Federal Reserve joins NGFS, BNP's energy transition fund, Poseidon Principles ... and more

ESG data: Less is more...

Taxonomies, reporting requirements, and data providers need to take a consistent, common approach, focussing on good rather than great, and embracing less being more, argues Simon Smiles

News Round Up: Macquarie AM; Carney carbon market task force; Trucost; MSCI; Robeco ... and more

EIOPA to take 'three-stage approach' on climate disclosure standards

The European Insurance and Occupational Pensions Authority (EIOPA) will adopt a three-stage approach towards developing climate disclosure standards for the insurance and pension sector amid challenges currently faced by poor or lacking data.

BlackRock builds climate risk data into its portfolio management software

BlackRock, the world's largest asset manager, has created a dedicated climate risk management platform as part of its portfolio management software Aladdin.

S&P's ESG capabilities boosted by $44bn IHS Markit merger

Financial services giant S&P has agreed to merge with data provider IHS Markit, in a mega deal that will boost S&P's already-considerable environmental, social and governance (ESG) firepower.