Archive

IIGCC guidance to address asset owners' 'unique' stewardship challenges

The Institutional Investors Group on Climate Change (IIGCC) has issued new guidance on how asset owners can strengthen stewardship through their external managers.

CBI: Pioneering climate resilience taxonomy sharpened-up

The Climate Bonds Initiative (CBI) has updated its ground-breaking climate resilience taxonomy, clarifying the difference between 'do no significant harm' (DNSH) and 'maladaptation'.

Singapore key testing ground for ISO transition plan rules, Fidelity says

Transition planning expectations set by Singapore's financial regulator will be a key test of the world-first international transition plan standard, according to Fidelity International.

Exemption for asset managers in ESRS 'creates a reporting vacuum'

The EU risks creating a "reporting vacuum" that undermines investors' data needs if it proceeds with a proposal to exempt asset managers' reporting under the Corporate Sustainability Reporting Directive (CSRD), observers warned.

New Asian carbon markets coalition launched

Action for a Resilient Climate (ARC) - a coalition of corporates, financial institutions and government agencies in Asia - has been launched to help mobilise demand and financing for high-integrity carbon credits.

'Nature still cannot be priced'

It is not possible to definitively know the financial materiality of nature risk, Scientific Climate Ratings told Environmental Finance, explaining why it does not yet offer a product relating to it.

Concerns raised that draft ESRS leave investors short of data

Concerns remain that the latest draft of EU sustainability reporting standards could leave investors short of key information, according to initial analysis of the proposed text.

ICE and Climate Bonds Initiative partner on sustainable bonds data

CA100+ removes climate disclosures indicator from benchmark survey

Climate Action 100+ has scrapped an indicator assessing companies' climate-related disclosures from its "cornerstone" Net Zero Company Benchmark, as part of changes to "a limited number of indicators in response to stakeholder feedback".

BII's new strategy for impact

British International Investment plans to launch a $1.5 billion climate initiative and crowd-in more private sector investment, as part of its new five-year plan. Rob Langston reports