Archive

Investors increasingly withhold support for companies' climate plans

Asset managers are increasingly withholding support for say-on-climate votes, as scrutiny over sustainability plans continues to ramp up, Morningstar has found.

Rise of transition plans could remedy regulatory 'failure' to boost transition finance

SFDR 'not working for impact VC funds'

Venture capital funds are calling for special treatment in the updated version of SFDR. Jennifer Forrest reports

Inconsistent data stops impact investors pursuing biodiversity, Wellington says

A lack of consistency in data for measuring biodiversity is hindering impact investors and preventing capital flowing to solutions providers, Wellington Management has argued.

European Parliament approves 'world first' carbon removal certificate

The European Parliament has formally approved a certification framework for carbon removal projects, but carbon market participants have warned this does not go far enough.

IASB 'net zero' opinion could change accounting practices, argues think-tank

A proponent of a 'new net zero accounting standard' is confident the International Accounting Standards Board (IASB) will adopt it this month.

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.