Exclusionary strategies could spark 7% drop in stock prices of 'brown' firms, BIS report says
The exclusion of high-emitting 'brown' firms by sustainability-minded investors could lead to a 7.1% drop in stock prices of these firms over 10 years, according to a modelling exercise by academics.
Crack down on ESG 'ratings shopping', says BIS
Regulators should consider introducing measures to limit sustainability ratings providers' ability to justify "lenient" assessments of companies and financial institutions,...
Basel Committee provides climate risk guidance for capital requirements
The Basel Committee on Banking Supervision (BCBS) has published guidance for banks intended to provide a "globally consistent" interpretation of how to integrate climate-related financial risk...
Basel Committee publishes final climate-risk principles
The Basel Committee on Banking Supervision (BCBS) has published its final set of climate-related financial risk principles for regulators,...
Basel Committee to publish final climate risk principles
The Basel Committee on Banking Supervision (BCBS) will publish its final set of climate-related financial risk principles for regulators in the "coming weeks" following its consultation.
BIS launches Asian green bond fund
The Bank for International Settlements (BIS) has launched an Asian green bond fund for central banks, taking its total green bond fund assets under management to $3.5 billion.
BIS warns against lower capital requirements for green assets
Regulators have been warned against lowering capital requirements for 'green' assets, which would be counterproductive and could even lead to a "green bubble", in a note from the Bank for International Settlements (BIS).