• UK FCA calls for voluntary adoption of ISSB, as it confirms delay to consultation

    23 May 2024
  • Banks using PRB framework to aid CSRD reporting in absence of finance sector guidance

    22 May 2024

    Some banks are using a framework designed for the Principles for Responsible Banking (PRB) initiative to help meet reporting requirements under the EU Corporate Sustainability Reporting Directive (CSRD), a UN Environment Programme Finance Initiative (UNEP FI) webinar heard.

  • Singapore and China central banks to collaborate on green and transition finance

    22 May 2024

    The Monetary Authority of Singapore and People's Bank of China announced plans to collaborate on numerous green and transition finance initiatives.

  • Swedish regulator readies climate stress test as it warns against 'coasting' on climate

    22 May 2024

    Sweden's financial markets regulator has warned financial institutions against "coasting" on the topic of sustainability, as it revealed it will run a climate-related scenario analysis exercise, as part of their annual stress tests.

  • ESMA fund guidelines may be headwind for sustainable bonds, says Abrdn

    21 May 2024

    The recently published sustainable fund naming guidelines published by the European Securities and Markets Authority (ESMA) could dampen demand for labelled sustainable bonds, according to Abrdn.

  • Carbon pricing revenues exceeded $100bn in 2023, says World Bank

    21 May 2024

    Revenues from carbon pricing exceeded $100 billion in 2023, the World Bank has found, but it warned policymakers are not moving fast enough to put a price on carbon.

  • CSRD will see 'explosion' of quality ESG data, says AllianzGI

    21 May 2024

    The first round of reports in line with the EU's Corporate Sustainability Reporting Directive (CSRD) will see an "explosion" of quality sustainability-related data that will help asset managers prove to clients the value of sustainable investing, according to AllianzGI.

  • Investors 'need direction from policymakers' on transition

    21 May 2024

    Policymakers have been urged to provide clear transition pathways and identify a "most likely scenario" to help investors develop their own transition plans.

  • More than 40% of ESG funds would breach ESMA naming rules, ClarityAI says

    21 May 2024

    More than 40% of funds using environmental and impact terms are invested in assets that breach exclusionary criteria in new EU fund name rules, potentially requiring managers to change their fund's name or divest assets, ClarityAI has said.

  • Gresham House urges UK government to "provide reassurance" on biodiversity net gain

    20 May 2024

    Gresham House has called on the UK government to provide further reassurance on the implementation of the Biodiversity Net Gain legislation, to help scale up private-sector involvement.