Archive

EU should 'reset' reporting rules to align with ISSB, says investor group

The EU should use its Omnibus 'simplification' drive to perform a broad "reset" of its European Sustainability Reporting Standards (ESRS) to align more closely with the International Sustainability Standards Board (ISSB) standards, according to Dutch investor group Eumedion.

Aviva, Fidelity, Federated Hermes back nature transition pathways

An open letter signed by 28 organisations, including major institutional investors, has backed the development of nature-positive transition pathways.

Sustainable finance rules 'fully consistent with' €800bn defence push, EU says

The EU's sustainable finance rulebook "is fully consistent with" a push to invest €800 billion ($920 billion) in defence, the European Commission said as it suggested it was ready to change sustainable investment disclosure rules to support its objectives.

Neuberger bags $300m for second private equity impact fund

Neuberger Berman has closed its second private equity impact fund, with $300 million in commitments.

Asset manager CEOs split on including defence in sustainability strategies

The CEOs of major asset managers were split on whether defence firms should be considered for inclusion in sustainability strategies, illustrating the industry's struggle to square sustainability messaging with funding weapons.

SFDR and US pushback show industry's communication failing, say asset manager CEOs

Political pushback against ESG investments and confusion caused by the EU's Sustainable Finance Disclosure Regulation (SFDR) show that the investment industry needs to improve its communication on sustainability, asset manager CEOs claimed.

Delay EU climate scenario rules by a year to account for Omnibus, say German banks

Banks active in the EU will find it "practically impossible" to meet the current deadline to fully implement climate scenario analysis requirements by January, the Association of German Banks has told the European Banking Authority (EBA).

People moves 18 April: Blue Earth Capital, M&G, Rothschild ... and more

Sustainable debt round-up: Germany, China, Grupo Enhol ... and more

People Moves, 11 April: Edmond de Rothschild, BlueOrchard, NatWest, Aviva ... and more