Archive

MSCI anticipates EU climate benchmarks with new index series

MSCI has raced out of the EU legislative starting blocks with the launch of two series of indexes designed to meet the minimum standards of proposed categories of climate-related benchmarks.

TEG expects ‘massive domino effect’ of ESG benchmark disclosures

A prominent member of the Technical Expert Group on Sustainable Finance (TEG) has predicted that recommendations for minimum disclosure requirements for most investment indexes “will have a massive domino effect” on companies publishing environmental, social and governance (ESG) information.

LSEG’s purchase of Refinitiv ‘good for ESG data’ competition

London Stock Exchange Group (LSEG)’s planned purchase of Refinitiv could have a positive impact on the quality of environmental, social and governance (ESG) data, in part because it will lead to increased competition with Bloomberg, it has been suggested.

Only 35% of global companies have carbon-reduction targets, says Refinitiv

A new report from data provider Refinitiv shows that 63% of global companies have policies in place to reduce emissions, but only 35% have reduction targets.

EU carbon market update – 20 May 2019

Despite just four auctions last week, EU allowances (EUAs) ended the week down 62c (-2.4%) at €24.98. The EUA price bounced around between €25 and €26 for most of the week, with moves below €25 finding support in the form of pent-up compliance buying and moves above €26 exhausting industrial and utility buying and finding speculative sellers.

ESG data must be forward-looking, say panellists

Investors must have forward-looking environmental, social and governance (ESG) data to be able to assess whether companies are able to tackle challenges they face during times of change, delegates at a conference of the International Integrated Reporting Council (IIRC) heard.

People Moves: BMO Global Asset Management, ClimateWorks Foundation, Japan's Financial Services Agency, Rockefeller Capital Management, Global Parametrics, Refinitiv, Aviva Investors, FIM Asset Management and S-Bank Wealth Management

FTSE Russell launches Chinese Green Bond Index Series

FTSE Russell has launched a Chinese Green Bond Index Series in response to strong growth in the country's green bond market.