Archive

Bloomberg launches transition plan credibility assessments

Bloomberg has launched a product it says can help investors judge the credibility of companies' transition plans and targets.

Three-quarters of Article 8 funds potentially violate ESMA fund names rules, Bloomberg finds

Almost 75% of funds identified as promoting sustainable objectives under the EU Sustainable Finance Disclosure Regulation (SFDR) are invested in companies potentially exposed to fossil fuels and face having to change their names of violate incoming fund name rules.

Franco-German transition plans work can inform credibility assessments, France's IFD says

France's Institut de la Finance Durable (IFD) is preparing a guide to help financial analysts judge the credibility of private sector climate transition plans, which it suggested will build on discussions with a German government-mandated expert group.

SFDR and SDR both miss key sustainability distinctions, CFA says

Lack of detailed transition plans shows need for vigilance of climate 'leaders', NBIM says

Research showing that no high-emitting companies with decarbonisation targets has detailed plans to reach these shows investors must remain vigilant to inaction - even by companies viewed as climate 'leaders', according to a manager of Norway's $1.7 trillion 'oil fund'.

Avoided emissions database ready for use from December, Mirova says

A database that will 'standardise' the calculation of avoided greenhouse gas (GHG) emissions is set to be published ready for use from December, one of its financial institution backers has said.

Mirova creates research centre to spur blended finance with proof of impact

Mirova has launched a research centre it says will catalyse blended finance and impact investments by combining the knowledge of its investment teams with academic research in under-examined areas, including through the creation of a blended finance database.

Amazon backs using SASB as basis for EU standards

Retail giant Amazon and asset manager Capital Group have lent their support to calls for the EU to base its sector-specific sustainability reporting standards on those used in the IFRS S2 standards.

MSCI: 'Striking' rise of climate adaptation in utility green bonds

MSCI said there has been a "striking increase" in the prominence of climate adaptation projects in green bonds from the utility sector, as attention focuses on strengthening transmission assets to extreme weather.

'Standardisation is simplification, not burden': EFRAG's de Cambourg in riposte to Draghi

One of the key figures behind the EU's sustainability reporting standards has defended them after they were criticised by political heavyweight Mario Draghi as contributing to the sustainability reporting burden.