Archive

Investor Agenda adds deforestation to transition plan guidance

More than 90 investors demand removal of climate disclosure opt-out in CSRD

A group of 93 investors and other financial institutions has signed a letter urging the European Commission to remove a proposed opt-out in corporate disclosure rules for aspects including greenhouse gas (GHG) emissions.

CSRD materiality opt-out risks undermining EU's sustainable finance package, warns CDP

Proposals for corporate disclosure rules that could allow companies to opt-out of providing sustainability-related information risk undermining the objectives of the EU's broader sustainable finance package, according to an executive at CDP.

'It will help us have more honest conversations'

Investors welcome the IFRS sustainability standards and say, by boosting comparability, they will aid engagement. Michael Hurley reports

'New era' for sustainability reporting as IFRS unveils standards

Standards that can provide a "common language" for sustainability-related disclosures have been published, "ushering in a new era" for companies and investors globally, according to the International Financial Reporting Standards (IFRS) Foundation.

PRI rallies investors to pressure Commission to rethink ESRS

Collaborative sovereign climate engagement is 'opportunity to be grasped'

After initial success with its Australian pilot, the PRI's Tom Arup tells Ahren Lester its collaborative sovereign engagement initiative is ready to scale up

Ground-breaking PRI sovereign investor engagement initiative expands

More investors have been asked to join a ground-breaking collaborative fixed income investor engagement initiative for sovereign issuers coordinated by the UN Principles for Responsible Investment (PRI).

Call to exclude biodiversity offsets from EU Taxonomy

The proposed EU taxonomy of sustainable activities should be amended to exclude projects that generate biodiversity offsets, advisory group the Platform on Sustainable Finance (PSF) has said.

Financial institutions in scope of EU due diligence rules after vote

Financial institutions would be required to disclose climate transition plans and conduct due diligence to ensure they do not contribute to negative impacts across their value chain, under new rules agreed by an influential EU Parliamentary committee.