Archive

Bank of America CEO pleas for regulatory consistency on ISSB adoption

Bank of America's CEO urged regulators not to diverge from the IFRS Sustainability Disclosure Standards, as the banking head warned that doing so would deepen confusion of an 'alphabet soup' of sustainability reporting.

CBAM - first domino or false dawn?

The EU's Carbon Border Adjustment Mechanism has become a potent catalyst, igniting diverse carbon pricing debates across the globe, write Mark Jeavons and Frank Eich

Dutch banks urge against obligation to decarbonise, ask for right to request climate data

Data challenges mean Swedish banks report lower 'green asset ratio', association says

Indonesia includes coal in green and transition taxonomy

Indonesia has taken the controversial decision to include the financing of new coal power plants as a transitional activity in its sustainable finance taxonomy.

Foresight calls for woodland's inclusion in UK ETS

Foresight Sustainable Forestry Company has called for the inclusion of woodland carbon credits in the UK Emissions Trading System (ETS), to help raise prices and encourage land to be switched from agricultural production to afforestation.

'Get ready for assurance' of sustainability information, Deloitte tells companies

EU one step closer to 'world first' carbon removal certificate

The European Council and Parliament has provisionally agreed to set up a 'first of its kind' carbon removal certification framework, in a bid to give carbon removal projects more credibility.

Performance in Covid period shows resilience of ESG investing, ESMA research says

ESG-themed listed equities funds tended to have better financial performance and higher inflows than their peers at the height of Covid-19 - indicating the resilience of the investment style in periods of extreme financial stress, according to research by a regulator.

Include climate transition risk in capital requirements, ECB research says

Regulators should include climate-related transition risks in calculations for banks' capital requirements, according to research by the European Central Bank (ECB).