US states target ESG investment as US SIF hits back at 'political' attacks
Politicians in two US states have launched anti-environmental, social and governance (ESG) investment policies, whilst the US SIF has published an 'ESG Truths' website amid growing "politically motivated and simplistic attacks" on ESG in the country.
EFRAG appoints EU sustainability reporting standards group
An advisory group has been appointed to help develop European corporate sustainability reporting standards.
Sustainability-linked finance guidelines for shipping firms published
Guidelines for shipping firms and lenders on issuing sustainability-linked loans and bonds have been published by a working group of Nordic firms in order to introduce a higher level of industry standardisation and avoid 'greenwashing'.
EU Taxonomy 'more an opportunity than risk' for shipping firms
The capital access risks posed by the EU Taxonomy regulation are "more an opportunity" than a risk for Nordic shipping firms, according to Danske Bank,...
'Even leading banking practices fail basic climate, biodiversity tests' - ShareAction
Most of Europe's largest banks have targets to reduce their greenhouse gas emissions to net zero - but very few banks have taken concrete steps to achieve this and even leading practices in the sector fail "basic" quality tests, according to research by non-profit ShareAction.
UBS, DBS & ABN Amro back 'banking for impact' methodology
UBS, Danske Bank, DBS and ABN Amro have thrown their support behind an initiative seeking to develop what could become "the de facto market standard" for banks to measure and report their social and environmental impact.