Archive

  • EU expert group publishes proposed social, transition Taxonomy extensions

    13 July 2021

    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.

  • Second phase of SFDR delayed until July 2022

    12 July 2021

    The EU has delayed implementation of the second phase of the Sustainable Finance Disclosure Regulation (SFDR) by six months, until 1 July, 2022.

  • GRI joins EFRAG to begin work on CSRD reporting standards

    09 July 2021

    A group of experts has begun work to develop EU-wide sustainability reporting standards and joined with the Global Reporting Initiative (GRI) to ensure the standards inform, and are informed by, global efforts at standardisation.

  • ECB to introduce climate disclosure requirements

    08 July 2021

    The European Central Bank (ECB) will introduce environmental sustainability disclosure requirements for private assets, it has said, in a move that could help it tilt its asset purchases and collateral rules away from heavily polluting companies.

  • SEC's Gensler says investors should see data to back ESG fund claims

    08 July 2021

    US Securities and Exchange Commission (SEC) chair Gary Gensler says he has asked the regulator to investigate whether to introduce rules requiring sustainability-themed funds to disclose the criteria and underlying data they use, to help investors judge fund claims.

  • Pictet: 'Integrate water risk into mainstream tools'

    08 July 2021

    Water risk has yet to be integrated into mainstream equity investment tools, according to Marc-Olivier Buffle...

  • Apex partners with i80 for ESG and loan services

    07 July 2021

    Apex Group, a financial services provider, is partnering with the i80 Group, an investment firm, to provide loan administration and ESG ratings & advisory services, in addition to its existing fund administration services.

  • FSB releases roadmap to accelerate climate data disclosure

    07 July 2021

    The Financial Stability Board (FSB) has released a roadmap for addressing climate-related financial risks, focussing on four main areas...

  • IFRS Foundation 'on track' for mid-2022 sustainability standards

    07 July 2021

    The IFRS Foundation trustees said they remain on track to appoint members of the International Sustainability Standards Board (ISSB) in the next quarter, and publish the first set of globally consistent climate-related standards in the middle of next year.

  • Bank of Italy to integrate ESG into investments

    06 July 2021

    Italy's central bank has released a Responsible Investment Charter committing it to the promotion of environmental, social and governance (ESG) principles