Archive

US attack 'misunderstands' ESG in credit ratings, expert says

Criticism by US attorneys general of how the 'Big Three' ratings agencies incorporate ESG factors is flawed and misunderstands how the agencies apply their methodologies, according to an expert.

NGFS scenarios 'need wider coverage and standardisation' for financial institution use

Do sovereign sustainable bonds address the 'just transition'?

Bond frameworks have disappointed when it comes to the 'just transition', and guidance on best practice is needed, Judith Tyson tells Ahren Lester

Sustainability bonds 'key instrument' to resolving just transition challenges

Sustainability bonds provide an important means to resolve challenges to integrating 'just transition' in sustainable bond markets, according to London School of Economics (LSE).

G20 group calls for national transition plans ahead of COP29

Aviva calls for NDCs to become national transition plans

Countries preparing their next set of climate targets should use it as an opportunity to prepare comprehensive, national climate transition plans that can plug into those being used by financial institutions, Aviva has urged.

People Moves, 5 April: Brunel Pensions, Railpen, Actis, EFRAG, TNFD and more

UK to target impact as part of expected Growth Fund announcement

The UK Chancellor will announce a UK Growth Fund, using private capital to fuel its public policy priorities and target positive environmental and social impact, at this week's Autumn Statement, an academic has claimed.

Exclusionary strategies could spark 7% drop in stock prices of 'brown' firms, BIS report says

The exclusion of high-emitting 'brown' firms by sustainability-minded investors could lead to a 7.1% drop in stock prices of these firms over 10 years, according to a modelling exercise by academics.

Biodiversity deserves its own sovereign assessment tool

The topic of biodiversity is sufficiently important and complex that it deserves its own version of the Assessing Sovereign Climate-related Opportunities and Risks (ASCOR) project, according to an expert working on the sovereign climate risk assessment tool.