'Big four' sustainable finance SPO providers emerge in 2023
Sustainalytics, S&P Global Ratings, ISS and Moody's have emerged as the 'big four' second-party opinion (SPO) providers in the sustainable finance market in 2023, but the race for market share has tightened as the sector matures and consolidates.
COP28: What can we take away?
The agreement has increased transition risks, writes Anya Solovieva
Morningstar fined by regulator in anti-greenwashing action
Morningstar has paid the Australian financial regulator AUD29,820 ($19,612) after it alleged the company retained exposure to weapons manufacturers via its ESG-themed funds despite claiming it excluded such companies.
APG lauds 'first of its kind' climate-themed real estate index for pension funds
APG has hailed a "first of its kind" climate-themed real estate index it created for its pension fund clients, which aims for a progressive reduction in greenhouse gas emissions.
EU ESG ratings regulation risks hindering global providers, says Sustainalytics
ESG ratings regulation being developed by the EU needs to better take into consideration the global nature of data providers, or risk hampering a growing market, Sustainalytics has told Environmental Finance.
Sustainalytics biggest SPO provider in first half of 2023
Sustainalytics provided the most sustainable finance second-party opinions (SPOs) in the first six months of 2023, whilst Moody's ESG saw its market share jump to become the third largest provider.
MSCI, Bloomberg among big-name signatories to Japan ESG data code of conduct
Major data providers MSCI and Bloomberg are among 17 signatories to a Japanese code of conduct for ESG data, the country's regulator has revealed.
Understanding divergences of ESG Risk Ratings
ESG risks impact companies differently across sectors, countries, and market cap sizes, writes Ouaile El Fetouhi
EU taxonomy criticised for leaving out farming
The EU taxonomy of sustainable activities has been criticised for its continued failure to cover the agriculture sector in proposals to broaden its scope.