Archive

People Moves, 15 March: Impax, GSG, Verdane, LOIM, Schroders ... and more

"Serious questions" over majority of nature-based carbon credit project types

"Serious questions" linger over the carbon reduction benefits of the majority of nature-based carbon project types, researchers have argued, as they warned that credits may have "proliferated faster than the science".

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.

UK regulator investigates sustainability assurance market

Mediolanum adds two 'multi-manager' ESG funds

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.

Don't demonise high emitting companies that disclose Scope 3, says pensions group

Investors risk "misallocating capital" if they unfairly punish high-emitting companies that disclose their Scope 3 emissions, as these will often make them look worse than peers that fail to disclose, a senior figure at a UK pensions group has warned.

Amundi calls on investors to use Mean Species Abundance scores

Amundi has called on investors to use Mean Species Abundance scores, as a good starting point to better track their impact on nature.

CSDDD agreed, in watershed moment, but is weakened to 'shadow of former self'

The EU passed a landmark sustainability reporting law which, although significantly weakened from previous versions, was described as "a watershed moment for corporate accountability".

NZBA updates guidelines on climate target setting