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SBTi board faces resignations and staff ire after change to carbon credit stance

The Science-Based Targets initiative (SBTi) Board of Trustees has come under fire for changing its stance on corporate use of carbon credits for Scope-3 emissions reduction targets, which has been described as a "major departure" from existing policy.

Inconsistent data stops impact investors pursuing biodiversity, Wellington says

A lack of consistency in data for measuring biodiversity is hindering impact investors and preventing capital flowing to solutions providers, Wellington Management has argued.

Ninety One: Divesting is not impacting high emitters

The real-world impact of investors' net zero commitments is currently unclear, according to Ninety One Asset Management, calling on investors to "shift focus from reducing financed emissions to financing reduced emissions".

SBTi warms to offsets, in massive move for voluntary carbon market

The Science-Based Targets initiative (SBTi) has said it will take a more accommodative stance towards carbon credits, in a move one observer described as a "massive" moment for the voluntary carbon market.

Hy24 backs hydrogen rental taxi business with €200m

No Scope 3 'loophole' in our rule - but qualitative info may be required, says SEC

Companies will not be required to give quantitative disclosures of greenhouse gas (GHG) emissions outside their direct control under the Securities and Exchange Commission (SEC)'s climate rule - but they may have to provide qualitative disclosures, it has said.

Sycomore AM launches transition fixed income fund

SEC likely to delay climate rule even in best-case scenario, law firm says

The US Securities and Exchange Commission (SEC) is likely to delay implementing its climate disclosure rule even if it wins cases seeking to block its progress, a law firm has predicted.

People Moves, 5 April: Brunel Pensions, Railpen, Actis, EFRAG, TNFD and more

SEC pauses climate rule in move that 'will embolden' anti-ESG activists

The US Securities and Exchange Commission (SEC) has paused its climate disclosures rule amid legal opposition that threatens its implementation - in a move one commentator said will "likely only embolden the vehement anti-ESG activists".