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Sustainable funds grow globally despite regional outflows

While global sustainable assets continued to rise, large outflows in many regions slowed the global pace of investment in the first quarter of 2023.

Paris-aligned benchmarks boom but are they helping the transition? Part two

Asset owners are placing money in Paris-aligned benchmarks at a quickening rate but questioned whether they facilitate the transition. Michael Hurley reports

Expect further PABs upheaval following EU's SFDR answers, says Morningstar

Recent clarification on how EU regulators should enforce the Sustainable Finance Disclosure Regulation (SFDR) is likely to see a further wave of fund reclassifications among users of Paris-aligned benchmarks (PABs), according to Morningstar.

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

Sustainable investments exposed to Silicon Valley Bank, says Morningstar

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.