Tackle greenwashing or face regulation, Swiss government challenges industry
The Swiss government has threatened to introduce regulation to tackle greenwashing among financial institutions unless the industry can show it can address the issue itself.
A quarter of corporates have no taxonomy alignment, ESMA analysis shows
Almost a quarter (24%) of corporates reported last year that none of their turnover aligns with the climate mitigation and adaptation criteria of the EU taxonomy, according to analysis by EU regulators.
ESMA finds no evidence of a greenium anymore
Financial institution SFDR reports fail to explain adverse impacts, regulators say
Financial institutions need to improve how they explain why they do not consider the adverse impacts of their investment decisions, EU regulators have said.
Green bond regulation, SFDR guidance among ESMA's 2024 priorities
The EU's securities markets regulator has said it will "seek to improve the overall consistency and efficiency of the regulatory framework" governing sustainable finance in its 'strategic priorities' for next year, as it awaits the result of a review of the Sustainable Finance Disclosure Regulation (SFDR).
The importance of developing sustainability reporting standards for the public sector
As the baseline for private sector sustainability reporting is finalized, the public sector has started to build on this to address its own specific needs, writes Ian Carruthers
DWS fined $19m by SEC for 'misleading' ESG statements
Philippines SEC releases blue bonds issuance guidelines
Winners of the 2023 Voluntary Carbon Market Awards revealed
The winners of Environmental Finance's 2023 Voluntary Carbon Market Awards have been announced.
US SEC adopts fund naming rules to tackle greenwashing
The US Securities and Exchange Commission (SEC) is to require funds claiming environmental, social and governance (ESG) characteristics to prove they invest in line with the claim, under changes to its Names Rule designed to "prevent misleading or deceptive investment fund names".