ING hit by climate-related legal threat by NGO behind Shell court case
ING has been threatened with legal action by an NGO if the bank does not commit within the next two months to halve its absolute greenhouse gas emissions by 2030.
EU ESG ratings regulation would 'unfairly protect' larger providers
Proposed EU regulation of ESG ratings "may unfairly benefit" larger providers and undermine competition in the rapidly growing market, if adopted in its current form, a group of smaller providers has argued.
Companies with higher biodiversity risk may be 'systemically overpriced', says Morningstar
Model portfolios with a lower land use and biodiversity risk score significantly outperformed those with higher risk, Morningstar has found, warning investors that many companies have not yet developed an adequate risk management strategy.
2024 will be key to defining quality shareholder engagement, says UBS
The coming year will see greater emphasis on outcomes of shareholder engagement on ESG issues, according to UBS Asset Management.
Temasek-backed ABC holds first close for impact fund at $550m
German central bank's Mauderer to lead NGFS
Flows to European ESG ETFs continued to fall in 2023
The amount of capital flowing into environmental, social and governance (ESG) exchange-traded-funds (ETFs) in Europe declined in 2023, data from Morningstar has shown.
Are organisations ready for regulators' demands for independent assurance of sustainability disclosures, and are investors ready to reward companies providing assurance, Michael Hurley asks