Banks call on EU to provide transition plan guidelines
Banks have called on the EU to catch-up with other jurisdictions - in particular, the UK and Japan - by providing guidance on transition plans and finance.
London listing changes would dilute sustainability engagement, investor says
Proposals designed to attract more companies to list on the London Stock Exchange would undermine investors' ability to engage with companies on sustainability issues, an institutional investor has warned.
EU's SFDR 'has had fundamental impact in US'
The EU's Sustainable Finance Disclosure Regulation (SFDR) has "fundamentally" impacted asset managers in the US, a conference heard.
MAS's Menon warns of 'significant macroeconomic implications' of biodiversity loss
The Monetary Authority of Singapore's managing director Ravi Menon has urged financial institutions to proactively manage the risk of biodiversity loss, warning it could have "significant macroeconomic implications".
Pollination pitches tax to scale biodiversity credit market
Governments could impose a tax on corporates that are harming nature, as a way of fostering biodiversity credit markets, Pollination has said.
Australian regulator fines superfund for greenwashing
The Australian regulator has fined the marketing arm of superannuation fund Future Super for alleged greenwashing.
ISSB readies consultation on future work
Sustainability standards convergence raises 'green bubble' risk, says SEC's Peirce
Introducing substantially identical sustainability standards internationally could create "a global asset bubble" that would heighten financial stability risks, a commissioner at the US Securities and Exchange Commission (SEC) has warned.
'Greenwashing claims unlikely' in absence of clear definitions
A 'maelstrom' of regulatory requirements on both sides of the Atlantic has not brought a clear definition of sustainability - which may spare investors from litigation, a webinar heard. Michael Hurley reports