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Apple, Amazon and EasyJet targeted on water data
24 June 2024A group of over 100 global financial institutions has targeted 1,029 high water use companies to disclose their water related impacts and risks to CDP, the non-profit environmental disclosure platform.
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The role for TNFD in managing risk
24 June 2024Business's impacts and dependencies on nature will only increase in salience. The tools and guidance available from the TNFD provide the perfect foundation for every business to start the journey, writes Judy Kuszewski
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SBTi urged by nature investors to allow offsets
21 June 2024A group of prominent nature investors and conservation advisers have urged the Science-based Targets initiative (SBTi) to allow offsets within transition plans and proposed key principles to ensure 'guardrails' are put in place.
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UBS invests in impact and nature data firm GIST Impact
21 June 2024UBS Next, the innovation unit of the Swiss financial giant, has invested in climate, impact and nature data firm GIST Impact.
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All 14 TNFD metrics interoperable with ESRS
20 June 2024A new mapping of the interoperability between the Taskforce on Nature-related Financial Disclosures (TNFD) and the European Sustainability Reporting Standards (ESRS) has found a "high level of commonality".
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'Landmark' Microsoft offsetting deal demonstrates the need for scale
20 June 2024In the wake of a new 'landmark' carbon credit deal with Microsoft, BTG Pactual's Timberland Investment Group (TIG) has told Environmental Finance that investors are looking for co-benefits and why project scale is necessary for both impact and reduced costs.
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Morningstar Sustainalytics looking for companies to set nature targets
19 June 2024Morningstar Sustainalytics has told Environmental Finance that it is looking for companies within its engagement programme to start setting nature-related targets.
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Microsoft and BTG Pactual announce landmark carbon credit deal
18 June 2024BTG Pactual Timberland Investment Group (TIG) has agreed to provide Microsoft with eight million nature-based carbon removal credits, believed to be the largest carbon removal transaction to date.
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Companies waiting for data before TNFD reporting
17 June 2024Companies are hoping to improve the quality of the data at their disposal before they commit to reporting in line with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD), according to a report.
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EU Nature Restoration Law finally approved in 'massive victory for nature'
17 June 2024An EU law to restore at least 20% of the EU's land and sea areas by 2030 has been approved after a 'compromise' text won a slim majority among EU countries - a move welcomed by investors and NGOs who called it "a massive victory for Europe's nature".