Archive

Addressing PFAS: Solutions to the forever challenge

The urgent need to detect, treat and destroy 'forever chemicals' in the world's water is creating investment opportunities that are broader and more valuable than many appreciate, write Lisa Beauvilain, Johan Florén and Justin Winter

ECB says 18 banks face fines for failing to meet climate expectations

The European Central Bank (ECB) says 18 banks may face fines for failing to meet its expectations on climate and broader environmental risk management.

Canadian regulator demands financial institutions report in line with ISSB this year

Canada's largest banks and insurers must disclose how they are implementing a climate transition plan and conducting climate scenario analysis, under rules that have been updated to align with International Sustainability Board (ISSB) standards.

BIS says its AI tool 'is game changer for green finance' ... but beware the hallucinations

A tool that uses artificial intelligence (AI) to analyse corporate climate reports has been hailed as a "game changer for green finance", because of its ability to automate the rapid extraction of data.

People Moves, 15 March: Low Carbon, Persefoni, New Forests, CDP, EdenTree, SBTi ... and more

ECB's Elderson urges banks to set transition plans to meet incoming regulation

Banks have been urged to publish "Paris-compatible transition plans" to prepare for upcoming legal requirements, by a member of the executive board of the European Central Bank (ECB).

Canada's banks are 'obstructing' net zero goals and progresses, InfluenceMap finds

People Moves, 1 March: South Pole, PRI, Blue Earth Capital, United Bankers ... and more

Philippines publishes sustainable finance taxonomy

Include climate transition risk in capital requirements, ECB research says

Regulators should include climate-related transition risks in calculations for banks' capital requirements, according to research by the European Central Bank (ECB).