Archive

NY pension funds to vote against Amazon directors

EU GBS 'may be a step backward' for green bond impact reporting

The EU Green Bond Standard (EU GBS) has been criticised as "definitely not a step forward, and maybe a step backward" with regards to the social and environmental impact reports expected of issuers.

Address climate adaptation finance, says IPCC co-author

Financial institutions must urgently move away from funding fossil fuels and channel more capital to financing climate adaptation measures, according to a co-author of the latest report by the Intergovernmental Panel on Climate Change (IPCC).

Mandatory climate disclosure for Canadian banks, insurers from 2024

Canada has confirmed plans to phase-in mandatory Task Force on Climate-related Financial Disclosures (TCFD) reporting for banks and insurers from 2024.

€1.5trn Dutch investor group sets 2024 oil firm transition expectations

A group of seven Dutch asset managers with a combined €1.5 trillion ($1.7 trillion) in assets has published three core climate transition expectations for oil and gas firms to accelerate...

Iceberg Data Lab completes 'sectoral mapping' for natural capital impact

Iceberg Data Lab has finished work to map different sectors of the economy according to the pressures they place on natural capital.

US banks tell Basel they 'strongly oppose' climate stress test

A group of financial institutions chaired by Goldman Sachs has spoken out against any climate stress testing that could lead to regulatory changes in a letter to the Basel Committee on Banking Supervision.

Japan's FSA plans principles to address 'nightmare' of investor ESG data requests

Japan's Financial Services Agency (FSA) plans to launch a set of principles for ESG ratings and data providers this summer...

Japan's FSA forms ESG ratings and data committee

Japan's Financial Services Agency (FSA) has formed a subcommittee to discuss ESG ratings and data providers.

Asian market growth for ICE sustainability indices

Exchange-traded funds (ETFs) tracking environment-related and other thematic Intercontinental Exchange (ICE) indices saw strong growth in Asian markets last year.