Archive

  • ESMA: Enhance transition finance to prevent greenwashing

    02 June 2023

    The European Securities and Markets Authority (ESMA) has recommended that the EU consider sharpening up recognition of 'transition' finance and better align legislative use of what constitutes 'significant harm' in order to prevent 'greenwashing'.

  • ESMA, EIOPA: Regulatory frameworks causing greenwashing

    01 June 2023

    The European Securities and Markets Authority (ESMA) and European Insurance and Occupational Pensions Authority (EIOPA) have said the challenges of implementing sustainability regulation may lead to greenwashing.

  • ExxonMobil, Chevron investor support for shareholder climate resolutions fall

    01 June 2023

    Investor support for shareholder climate resolutions urging Chevron and ExxonMobil to set greenhouse gas (GHG) emissions reduction targets has fallen since last year, following limited progress at their European counterparts.

  • MAS to consult on coal-phase out within Singapore taxonomy

    31 May 2023

    The Monetary Authority of Singapore (MAS) is to launch a consultation on the inclusion of managed phase-out of coal fired plants within Singapore's 'green' taxonomy.

  • BNP Paribas AM welcomes pharma biodiversity good practice proposals

    31 May 2023

    BNP Paribas Asset Management (BNP Paribas AM) has welcomed voluntary good practice guidance from an industry initiative aimed at reducing the biodiversity impact of the pharmaceutical sector.

  • NGFS transition plan 'stocktake' due this week

    30 May 2023

    The Network of Central Banks and Supervisors for Greening the Financial System (NGFS) will publish its "stocktake" on transition plans this week, which one official said will demonstrate how "inconsistent" the global picture is.

  • Paris-aligned benchmarks boom but are they helping the transition? Part two

    30 May 2023

    Asset owners are placing money in Paris-aligned benchmarks at a quickening rate but questioned whether they facilitate the transition. Michael Hurley reports

  • Paris-aligned benchmarks boom but are they helping the transition? Part one

    29 May 2023

    Asset owners are placing money in Paris-aligned benchmarks at a quickening rate but questioned whether they facilitate the transition. Michael Hurley reports

  • EU climate benchmark funds hit €58bn in assets

    26 May 2023

    Funds managing assets in compliance with EU climate benchmarks have hit about €58.3 billion ($63 billion), according to estimates by the European Commission.

  • Sustainable bond market risks fragmentation amid 'regulatory overload'

    25 May 2023

    By Ahren Lester at the ICMA AGM in Paris