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Morningstar has paid the Australian financial regulator AUD29,820 ($19,612) after it alleged the company retained exposure to weapons manufacturers via its ESG-themed funds despite claiming it excluded such companies.

Setting net zero commitments can oblige companies to report their performance against climate targets under existing financial accounting standards, according to the International Accounting Standards Board (IASB) interpretations committee.

To meet the growing global demand for food, 'urgent action' and investment of at least $300 billion is needed to transform land and farming practices, a report by McKinsey & Co has found.

The UK has been urged to adopt the International Sustainability Standards Board (ISSB) standards in their entirety, in a move that would support efforts to ensure 'equivalence' with US and EU requirements, respondents to a consultation said.

Australian banks have been called on to better address nature in their strategies, after a report by EY found AUD 260 billion ($165 billion) worth of financing goes to sectors causing "huge impacts" on nature.

Leonard Ng identifies the key issues the European Commission is exploring under its consultation on the future of the Sustainable Finance Disclosures Regulation

BlackRock was underweight Silicon Valley Bank (SVB) before it collapsed in March 2023 due to the asset manager identifying an "inordinate" number of customer complaints at the ill-fated bank.