Archive

UK firms facing 'cliff-edge' risks of fund name rule breach given reprieve by regulator

Fund managers struggling to meet a looming deadline to comply with UK sustainability name rules have been given an extension by their regulator.

Vanguard did not support any environmental proposals last year

Vanguard did not support any of 400 environmental or social shareholder proposals it encountered in the most recent proxy season, arguing that the proposals were either not addressing financially material aspects or "were overly prescriptive".

Putting transition plans to the test: Morningstar Sustainalytics

Investors face a tough task scrutinising corporate transition plans - but an increasing number of tools promise to help. In the fourth article in a series, Michael Hurley examines Sustainalytics's Low Carbon Transition Ratings

Ditch SFDR definition of sustainable investments, replace Articles 8 & 9, ESMA suggests

The EU should ditch the 'sustainable investment' definition in its Sustainable Finance Disclosure Regulation (SFDR) and introduce a two-tier categorisation system that would effectively replace the current SFDR Articles 8 and 9, an EU regulator recommends.

FRC cuts UK Stewardship Code reporting to 'reduce burden' on signatories

The Financial Reporting Council (FRC) has cut reporting requirements of the UK Stewardship Code, to "provide clarity on areas signatories outlined as challenging to address, reduce the volume of reporting and provide flexibility for signatories in defining how they undertake stewardship".

Environmental Finance launches 2024 ESG Data Guide

Environmental Finance has launched this year's ESG Data Guide, featuring some of the industry's leading ESG data providers and most innovative solutions.

Companies waiting for data before TNFD reporting

Companies are hoping to improve the quality of the data at their disposal before they commit to reporting in line with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD), according to a report.

"Inflection point" reached on biodiversity in bond markets

Improving data and capacity mean biodiversity within fixed income markets has hit an "exciting inflection point" but warned issuance might remain limited, Morningstar Sustainalytics told delegates at an Environmental Finance conference.

People Moves, 26 April: Glass Lewis, Abris, NTR, Circulate Capital, Mediolanum ... and more

Morningstar Sustainalytics President joins Glass Lewis as CEO

Bob Mann, former president of Morningstar Sustainalytics, has joined voting advisor Glass Lewis as its chief executive officer.