ECB uncovers 'staggering' misalignment of bank lending with climate targets
'Staggering' misalignment of Eurozone bank lending portfolios with climate targets has been uncovered by the European Central Bank (ECB), as it warned of a pressing need to act amid rising litigation, financial and reputational risks.
ESG ratings failure lands real estate investor in hot water with French regulator
A real estate investor has been hit with the prospect of a fine for failures relating to how it used ESG scores to inform its investments.
EFRAG consults on SMEs European Sustainability Reporting Standards
European Sustainability Reporting Standards (ESRS) for small and medium-sized enterprises (SMEs) have been published for consultation.
French regulator turns mystery shopper to check asset managers live up to sustainability promises
France's financial markets regulator will conduct spot checks of asset managers to check whether their voting and engagement practices meet the standards claimed in their marketing.
Austria: Greenium justified as there is 'no free lunch' for investors
Up to 60 people work on Austria's green bond reporting, Markus Stix tells Ahren Lester
Fund managers face SDR challenge to define 'sustainable', law firm says
Fund managers looking to adhere to the UK's forthcoming fund labelling and disclosure regime are to face a significant "subjectivity-related challenge" in determining what qualifies as sustainable, according to law firm Pinsent Masons.