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MSCI, Bloomberg among big-name signatories to Japan ESG data code of conduct

Major data providers MSCI and Bloomberg are among 17 signatories to a Japanese code of conduct for ESG data, the country's regulator has revealed.

Sustainalytics merges with Morningstar indexes business

ESG funds outperform, despite investor concern

Anti-ESG funds fail to gain traction, Morningstar says

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.