Archive

Nature risks bigger threat to the economy than Global Financial Crisis, warns GFI

Nature risks could cause more damage to the UK economy than the Global Financial Crisis, the Green Finance Institute has said, warning that large UK financial institutions are also not doing enough to mitigate the risks in their portfolio.

Enel SLB target miss 'very significant event' for market

The missed target tied to more than $10 billion worth of sustainability-linked bonds from Italian energy firm Enel has been described as showing the "value" of the performance-based instrument,...

'Historic day' as EU CSDDD approved

Rules to require large companies active in the EU to report on the sustainability of their supply chains and make best efforts to implement a climate transition plan have been approved, in what was labelled an "historic day".

FCA confirms start date for anti-greenwashing rule

Financial services companies in the UK will be bound by anti-greenwashing rules from June, the Financial Conduct Authority (FCA) confirmed as it issued further guidance.

AUD80trn investors back 'essential' Australian climate reporting bill

EFRAG proposes reducing 'circular economy' ESRS datapoints

The European Financial Reporting Advisory Group (EFRAG) has revealed it will vote this week on proposals to reduce the number of individual datapoints companies will disclose against under the Corporate Sustainability Reporting Directive (CSRD).

SBTi regrets 'misinterpretation' over offsets statement

The Science-Based Targets Initiative (SBTi) has sought to take the heat out of the furore surrounding its change of stance towards offsets, arguing its announcement was misinterpreted.

Mandatory plastic disclosure takes centre stage in treaty negotiations

Mandatory plastic disclosures for the financial sector could be one step closer as negotiations restart on a global plastics treaty, but the market has lamented the slow progress.

Canadian taxonomy useless if it includes new oil and gas, government warned

People Moves, 19 April: Barclays, Zurich, Eurosif, Scottish Widows, Robeco and ... more