Archive

People Moves 5 November: Mike Bloomberg, PRI and more...

KPMG UK hires manager of climate risks and decarbonisation strategy

$4.5trn of investors threaten Big Four over decarbonisation auditing

A group of investors representing over $4.5 trillion have written to the UK 'big four' audit firms, threatening to vote against their reappointment if they fail to address issues surrounding decarbonisation.

UK pledges to become 'world's first net-zero financial centre'

The UK government will require financial institutions to publish net-zero transition plans from 2023, in a move it claims will make the UK the "world's first net-zero aligned financial centre".

Australian 'responsible investment' grows while rest of market shrinks

Investments labelled as 'responsible' grew by AUD298 billion ($291 billion) between 2019 and 2020 while the rest of the market shrunk...

News Round Up: CDSB, KPMG, Finance for Biodiversity, and more

KPMG, CISL launch impact measurement tool

KPMG and the University of Cambridge Institute for Sustainability Leadership (CISL) have jointly developed a tool to help asset managers measure and report the environmental and social impacts of their listed equity investments.

Big four accountancy firms agree universal ESG disclosure framework

A set of 'universal' environmental, social and governance (ESG) assessment criteria has been published by the World Economic Forum (WEF) and the 'big four' accountancy firms.

IASB clarifies climate expectations as Big Four face investor scrutiny

The International Accounting Standards Board (IASB) has clarified its expectations on disclosure of climate-related risks, as it emerged that a group of investors had pressured the Big Four accounting firms to focus more on climate.

EU green bond standard ‘likely to kill’ second party opinions

The proposed EU Green Bond Standard (EU GBS) “is likely to kill the second party opinion format as we know it”, according to French investment bank Natixis CIB.