Archive

SEBI suggests changing ESG ratings regulation to remove appeal process

French central bank devising 'indicator' of climate transition plans and progress

A 'climate indicator' France's central bank is developing "should become the most accurate tool" for assessing companies' decarbonisation plans and their progress on implementing climate transition measures, according to Banque de France's first deputy governor, Denis Beau.

Gaps remain despite progress on PAI reporting, as regulators told to step up scrutiny

Gaps remain in financial institutions' reporting of the 'principal adverse impacts' (PAIs) of investments, and despite gradual improvements in some areas EU regulators were told to "increasingly challenge" investors on their reporting.

World-first disclosure standards for public sector climate reporting unveiled

World-first disclosure standards for public sector climate-related disclosures have been unveiled, which it is hoped could vastly improve data available to institutional investors in government debt.

US, Canada sustainable bond issuers 'diverging' on sustainability policies and impact

US and Canadian sustainable bond markets are "diverging" with regard to the quality of their overall environmental and social profiles and the impact of their specific labelled sustainable bond issuance, according to Sustainable Fitch.

Stewardship confusion creating 'engagement-washing', says WHEB

Consensus is 'critical' for designing engagement definitions and practices, amid industry confusion on stewardship in ESG funds, UK investor WHEB Asset Management has claimed.

Segment for ESG ratings added to proposals for free EU sustainability database

European Supervisory Authorities (ESAs) have added a category for ESG rating providers to a planned EU-wide database, which they say will help improve the visibility of ESG ratings when users search for sustainability information.

Sustainable bond impact report shortfalls trigger 'toxic mix of assumptions'

Sustainable bond issuer failure to publish post-issuance impact reports is a major problem in both emerging and developed markets, according to State Street Global Advisors (SSGA)...

AI data company Auquan raises $4.5m with aim to automate ESG reporting

ESMA opens sustainable bond prospectus technical advice consultation

The European Securities Markets Authority (ESMA) has opened a consultation on proposed technical advice on sustainability disclosures updates to the EU bond prospectus regulation, including around post-issuance reporting requirements.