Archive

A Labour government the best outcome for UK climate finance, says investor

A win for Keir Starmer's Labour Party in next week's UK General Election would be the best outcome for driving climate finance, a growth investor has claimed.

WBCSD publishes avoided emissions guidance

The World Business Council for Sustainable Development (WBCSD) has urged investors not to use avoided emissions to claim carbon neutrality, in its recently published "first guidance" for private markets on avoided emissions calculation and reporting standards.

ISSB tie-up with TPT sees it join crowded field of transition planning guidance

The International Sustainability Standards Board (ISSB) will provide guidance on climate transition planning following an agreement to "assume responsibility for" the UK Transition Plan Taskforce (TPT)'s disclosure-specific materials.

People Moves, 21 June: GEF, TNFD, GRI, S&P Trucost, UBS ... and more

Financial institutions recommended to build stronger ESG data checks

General Atlantic's BeyondNetZero acquires significant stake in SDCL

Private equity giant General Atlantic has acquired a 24.9% shareholding in Sustainable Development Capital (SDCL), having invested an undisclosed sum from its climate growth fund, BeyondNetZero.

Australian sustainable fund labelling proposal focuses on UK alignment

The developers of the Australian sustainable fund labelling proposals are looking "very closely" at the UK naming rules to see "whether we can align" with the requirements published in November.

Policymakers urged to push for taxonomy equivalence over interoperability

While interoperability of taxonomies should be welcomed, it is "not enough" and policymakers need to move towards equivalence, an Environmental Finance conference has heard.

Averon Park plots acquisition of Foresight Sustainable Forestry Company

Sustainable infrastructure investor Averon Park has made a bid to acquire and take private London-listed timber investor Foresight Sustainable Forestry Company in a cash deal valuing the company at £167 million ($212.3 million).

Feedback sought on first draft of Australian taxonomy

The Australian Sustainable Finance Institute (ASFI) has opened a public consultation on the first draft of its proposed taxonomy, including its headline ambitions and first three priority areas.