Archive

Omni-confusion

What will the EU's Omnibus regulation mean for sustainable finance, Michael Hurley asks

Foresight's nat cap strategy raises further £27m

EU sustainability omnibus regulation 'like opening Pandora's box'

The EU faces a complicated task balancing its drive for 'simplification' of sustainability reporting with ensuring it does not adversely affect a complex network of regulations linked to the EU Green Deal - a move one observer likened to "opening Pandora's box".

Business needs clarity on EU omnibus proposals, NGOs tell von der Leyen

People Moves, 10 January: SBTi, S&P, Impax, Natixis, HSBC, Morningstar Sustainalytics ... and more

BlackRock bows to legal threats and departs net zero initiative

BlackRock has left the Net Zero Asset Managers (NZAM) initiative, citing "legal inquiries from various public officials" in the US attacking its stated focus on climate finance.

EU banking regulator sets ESG transition plan, capital adequacy requirements

Eurozone banks have been set requirements for 'prudential transition plans', scenario analysis and internal capital adequacy tests under rules published by the European Banking Authority (EBA).

NZBA should be 'more ambitious' amid bank departures, says ShareAction

The Net-Zero Banking Alliance (NZBA) needs to 'set more ambitious standards' in response to the departure of major US banks in the past month, an NGO has claimed.

Blended finance vehicle backs Vietnamese solar business with $20m

Morgan Stanley follows Citi, BofA out of Net Zero Banking Alliance

US banks Morgan Stanley, Citi and Bank of America have all left the Net-Zero Banking Alliance (NZBA), adding momentum to an exodus from sector-specific initiatives under the Glasgow Financial Alliance for Net Zero (GFANZ).