• EFRAG working with TNFD on 'interoperability map'

    29 November 2023

    The European Financial Reporting Advisory Group (EFRAG) has said it is working with standard setters, including the Taskforce for Nature-related Financial Disclosures, on 'interoperability maps'.

  • Innovative $1bn 'blended finance' SDG loan fund launched

    29 November 2023

    Allianz Global Investors (Allianz GI) and FMO Investment Management (FMO IM) have launched a UN Sustainable Development Goal (SDG)-aligned loan fund after successfully mobilising $1.1 billion for the innovative public-private investment fund.

  • 'More rigorous' standards see biennial review register big drop in sustainable assets

    29 November 2023

    A big drop in the total assets judged as 'sustainable' globally has been reported in the latest in a series of biennial reviews, with tightened criteria in response to a "rise in greenwashing and greenhushing".

  • NBIM plans $70bn sustainable private equity investment expansion

    28 November 2023

    Norges Bank Investment Management (NBIM) is proposing updating the investment strategy for the NOK15.6 trillion ($1.46 trillion) Norwegian sovereign wealth fund to include net zero-aligned unlisted equity investments.

  • VCMI launches 'flexible Scope 3 claim' for carbon credit usage

    28 November 2023

    The Voluntary Carbon Markets Initiative (VCMI) has launched a framework for allowing companies to credibly use carbon credits even though they are struggling to meet short-term reduction targets.

  • UK sustainability disclosure rules unveiled in 'important moment' for tackling greenwashing

    28 November 2023

    The publication of UK sustainability disclosure requirements (SDRs), sustainable investment labels and an "anti-greenwashing rule" has been hailed "an important moment" in building trust in sustainability claims by investment funds.

  • It's time for the insurance industry to lead on climate action

    28 November 2023

    As the Geneva Association celebrates its 50th anniversary, the world's insurance companies must heed their own warnings and move into the vanguard of corporate climate action, writes Peter Bosshard

  • Agricultural climate and nature data platform launched

    27 November 2023

    An agricultural data platform has been launched to assist with reporting and help financial institutions better manage climate and nature risks.