Archive

People Moves, 15 March: Impax, GSG, Verdane, LOIM, Schroders ... and more

Morningstar launches innovative transition indexes

Morningstar has launched a series of transition indexes it hopes could prove a turning point for the integration of climate considerations in investors' equities allocations.

S&P: Climate-related credit rating actions 'to grow'

Climate-related credit rating actions at corporate and infrastructure issuers doubled in number last year and are expected to continue to increase, S&P Global Ratings predicts.

UK regulator investigates sustainability assurance market

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.