Archive

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".

EU Platform snubs SLBs in its climate investment stocktake

Sustainability-linked bonds (SLBs) are set to be omitted from a stocktake of sustainable capital flows in the EU, highlighting doubts about the materiality and ambition of the targets used by the instruments.

ESMA proposes mandating ESG transparency in credit ratings

The European securities regulator has proposed requiring credit ratings agencies to explicitly state where and how ESG factors are incorporated in their methodologies.

Saudi Arabian green finance framework an 'important but controversial step'

The Kingdom of Saudi Arabia has published its green financing framework, opening the door to major oil exporter issuing sovereign green bonds and sukuk.

NZBA hits back at 'premature' criticism

It is "premature" to criticise members of the Net-Zero Banking Alliance (NZBA) for not overhauling their practices to tackle climate change because the initiative is still young, it has argued.

NZBA has little impact on decarbonisation, ECB paper says

Signatories to the Net-Zero Banking Alliance (NZBA) "are neither divesting nor engaging differently from banks without a climate commitment," a group of economists said in a report.

People Moves, 15 March: Impax, GSG, Verdane, LOIM, Schroders ... and more

Morningstar launches innovative transition indexes

Morningstar has launched a series of transition indexes it hopes could prove a turning point for the integration of climate considerations in investors' equities allocations.

S&P: Climate-related credit rating actions 'to grow'

Climate-related credit rating actions at corporate and infrastructure issuers doubled in number last year and are expected to continue to increase, S&P Global Ratings predicts.

UK regulator investigates sustainability assurance market