Archive

Basel 'faulty'

US banks have urged the Basel Committee to re-draw 'flawed' climate disclosure rules, writes Michael Hurley

US muni sustainable bond market to grow in 2024, predicts S&P

US municipal issuance of sustainable bonds is forecast to grow 5% in 2024 as issuers are incentivised to return to the market and issuance sizes continue to grow, according to S&P Global Ratings.

Commission to delay review of Green Asset Ratio for banks

The European Commission is to postpone a review of the much-maligned Green Asset Ratio (GAR) reporting indicator for banks, a key figure at the EU's executive arm has said.

NZBA updates guidelines on climate target setting

Scope 3 disclosure resolutions 'an area of significant contention' in the US

Shareholder resolutions on Scope 3 disclosures remain an "area of significant contention" among US asset managers, Morningstar has said, as it reveals support for ESG-focused resolutions in the country is likely to continue falling.

Belgium pitches pared-back CSDDD in bid to secure EU countries' approval

Belgium has pitched a pared-back version of the Corporate Sustainability Due Diligence Directive (CSDDD) in a last-ditch bid to gain approval of other EU countries.

Australian disclosure standards' divergence from ISSB risks fragmentation, NBIM says

The divergence of proposed Australian climate disclosure standards from International Sustainability Standards Board (ISSB) standards risks undermining comparability of sustainability reports, according to Norges Bank Investment Management (NBIM).

Singapore to require climate disclosures by private companies

Climate Bonds Initiative names advisory board, to consult on new climate resilience taxonomy

The legacy of legacies

Family offices are uniquely positioned to lead the charge into impact investing, writes Kieron Boyle