Archive

  • SBTi consultation's 'mixed' findings leave it mulling role of carbon credits in new standard

    30 July 2024

    Science Based Targets initiative (SBTi) has published four technical papers "as an early step" in the revision of its Corporate Net-Zero Standard but noted that "direct decarbonisation" of the value chain remains a priority as controversy surrounds the role played by carbon credits.

  • ING says it wants to share its transition plan assessment methodology

    30 July 2024

    Dutch bank ING has invited other banks to use an artificial intelligence (AI)-enabled methodology it has developed to judge the credibility of the transition plans of its clients.

  • 'Controversies' use in ESG ratings is 'tricky and underdiscussed'

    29 July 2024

    The reporting of specific cases of sustainability "controversies" by environmental, social and governance (ESG) ratings providers is challenging for companies to manage, ...

  • US to mobilise private capital with emerging market transition initiative

    29 July 2024

    US Treasury secretary Janet Yellen has announced further support for the Emerging Markets Transition Debt Initiative, with investors committing $400 million into the energy transition in emerging markets.

  • Majority of companies not yet ready to follow CSRD or TNFD, says data provider

    26 July 2024

    Less than one-in-five companies are prepared to report under the EU's Corporate Sustainability Reporting Directive or the Taskforce on Nature-Related Financial Disclosures (TNFD), NatureMetrics has found.

  • GB Energy-Crown Estate partnership to channel billions into UK clean energy

    25 July 2024

    The UK government has announced a partnership between its newly launched state-owned energy company Great British Energy and the Crown Estate, which could unlock up to £60 billion ($77.2 billion) in private investment for clean energy.

  • EU Nature Restoration Law could grow ESG bond issuance, says Sustainable Fitch

    25 July 2024

    The EU's Nature Restoration Law (NRL) should help drive further issuance of ESG-labelled bonds, Sustainable Fitch has predicted.

  • Ditch SFDR definition of sustainable investments, replace Articles 8 & 9, ESMA suggests

    25 July 2024

    The EU should ditch the 'sustainable investment' definition in its Sustainable Finance Disclosure Regulation (SFDR) and introduce a two-tier categorisation system that would effectively replace the current SFDR Articles 8 and 9, an EU regulator recommends.

  • Jamaican sustainable bond listing framework on track for September

    25 July 2024

    The Jamaica Stock Exchange (JSE) expects to finalise its framework for issuers to list sustainable bonds by the end of September, as it continues it work by publishing a guide to issuing these labelled instruments.

  • 'Concern' over Article 6.2 implementation, says IETA

    24 July 2024

    There is a growing level of "concern" from countries beginning to implement Article 6.2 deals that their approach could soon be superseded, according to the International Emissions Trading Association (IETA).