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Financial accounting of net-zero commitments? Not yet, IASB says

A decision on whether net-zero commitments should be recognised under IAS 37 lays bare an expectation gap between backward-looking financial accounting and forward-looking sustainability perspectives. Vincent Huck reports

People Moves, 26 April: Glass Lewis, Abris, NTR, Circulate Capital, Mediolanum ... and more

Morningstar Sustainalytics President joins Glass Lewis as CEO

Bob Mann, former president of Morningstar Sustainalytics, has joined voting advisor Glass Lewis as its chief executive officer.

Nature risks bigger threat to the economy than Global Financial Crisis, warns GFI

Nature risks could cause more damage to the UK economy than the Global Financial Crisis, the Green Finance Institute has said, warning that large UK financial institutions are also not doing enough to mitigate the risks in their portfolio.

TNFD unlikely to be major issue in proxy season, says Morningstar

Companies are unlikely to face many calls to disclose in line with the Taskforce on Nature-related Financial Disclosures (TNFD) during this year's proxy season, according to Morningstar's Lindsey Stewart.

More money market funds are Article 8, but fewer put ESG in the name

Nearly three-quarters of European money market funds (MMFs) are now classified as Article 8 under the EU's Sustainable Finance Disclosure Regulation (SFDR),...

Moody's promotes Ghosh to global role

Moody's Ratings has named Rahul Ghosh as global head of sustainable finance.

EFRAG proposes reducing 'circular economy' ESRS datapoints

The European Financial Reporting Advisory Group (EFRAG) has revealed it will vote this week on proposals to reduce the number of individual datapoints companies will disclose against under the Corporate Sustainability Reporting Directive (CSRD).

EFRAG calls for help in devising ESRS guidance on transition plans

Global guidance on transition plans would be welcome, NGFS says