Net zero targets can oblige progress reporting in financial accounts, says IASB committee
Setting net zero commitments can oblige companies to report their performance against climate targets under existing financial accounting standards, according to the International Accounting Standards Board (IASB) interpretations committee.
Companies face failure to comply with EU deforestation law, Ceres says
Few of the world's biggest companies are taking "ambitious action" on deforestation, and run the risk of failing to comply with incoming legislation, Ceres has said.
Bond round-up: Bank Pekao, Argentina, Ericsson ... and more
Bloomberg and Natural History Museum to build biodiversity data tool
Bloomberg has announced it will work with the UK's Natural History Museum to build a biodiversity data tool for investors.
Breaking the status quo on valuing water
A purely financial return on investment-focused approach will almost always undervalue water, writes Alex Money
Expect more fossil fuel meddling at COP28, says Morningstar
It is unsurprising that the UAE reportedly sought to use COP negotiations to further fossil fuel interests - and it is likely that oil and gas companies will look to further change the narrative in their favour at this year's conference, according to Morningstar.
Banking regulatory body consults on requiring disclosure of financed and facilitated emissions
The Basel Committee on Banking Supervision (BCBS) has requested feedback on proposals to require banks to disclose greenhouse gas (GHG) emissions linked to the financing they provide as well as underwriting and advisory activities.