UK told to adopt ISSB in full to encourage 'equivalence' with US, EU disclosures
The UK has been urged to adopt the International Sustainability Standards Board (ISSB) standards in their entirety, in a move that would support efforts to ensure 'equivalence' with US and EU requirements, respondents to a consultation said.
What next for climate scenarios? Part two
How will the next generation of climate scenarios differ from the first, Michael Hurley asks
What next for climate scenarios?
As criticisms grow of the first climate scenario models, what does the next generation need to look like, Michael Hurley asks
190 investors sign up to collaborative engagement on nature
190 institutional investors have signed up to collaborate to pressure 100 companies to address their negative impacts on nature, on the launch of Nature Action 100 (NA100) at Environmental Finance's Natural Capital Americas conference.
Green revenues to smash $5trn by 2025, FTSE Russell estimates
USS unveils own climate scenarios to address inadequacies in widely used models
UK pension fund USS has published four climate scenarios that it says "better reflect the real-world risks and opportunities that frame our investment decision-making over the short- and medium-term", as it criticised widely-used models as "inadequate".
Banks: 'Real climate liability' risk from transition plan failings
Banks face "very real" climate liability risk if their transition plans are fall short in capturing the full extent of their emissions, according to a report by lawyers.
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.
FTSE Russell to launch sustainability-linked bond index
FTSE Russell will launch a sustainability-linked bond (SLB) index series next week, which is believed to be only the second index covering the performance-based instrument to date.
The great ESG data free-for-all
The business model of commercial data providers faces disruption in coming years amid the launch of free data platforms, writes Michael Hurley