EU taxonomy criticised for leaving out farming
The EU taxonomy of sustainable activities has been criticised for its continued failure to cover the agriculture sector in proposals to broaden its scope.
Investors 'left to fend for themselves' amid lack of social guidance
The sustainable finance market is "being left to fend for itself" when it comes to identifying material social metrics, an Environmental Finance conference heard.
BP suffers 'significant' shareholder rebellion over climate plans
BP's shareholders voted to show their increasing discontent over the oil and gas firm's climate plans at its annual meeting.
Controversial sustainable agriculture products poised for growth, says Morningstar
Genetically modified (GM) seeds and fertilisers will flourish in the shift towards a more sustainable agricultural future, despite safety concerns, a Morningstar executive said.
Investors 'given free hand' to define sustainable investment under SFDR
The European Commission has declined a request to define what constitutes a sustainable investment under SFDR, a decision which has split industry experts, Michael Hurley writes
More consensus needed on impact, says Morningstar
More consensus is needed on the definition of an 'impact investment' to help the market continue expanding, Morningstar has said.
75% of value-chain emissions not reported by businesses
Investors to 'look beyond' Article 8 or 9 designation to judge sustainability, says Morningstar
As the usefulness of EU classifications of what is 'sustainable' is questioned and funds continue to be downgraded, Morningstar said investors will increasingly 'look beyond' these labels and instead study underlying holdings more closely.