Archive

HSBC quits NZBA

HSBC has become the latest bank to quit the Net-Zero Banking Alliance (NZBA).

Nine banks in ECB's crosshairs for fines after failing to meet sustainability expectations

Nine "outlier" banks missed a deadline to satisfy minimum expectations on management of climate and other environmental risks and have been told they face potential fines from the European Central Bank (ECB).

Financial innovation in the agri-food sector

New practices are needed to mitigate the climate and nature related risks in our food system, writes Daniel McQuillan

Bank of England warns on 'carbon shocks'

The UK's carbon pricing scheme helped drive a rise and fall in inflation in recent years, a senior figure at the Bank of England said, as it warned that climate risks have yet to be fully priced-in to markets.

People Moves, 11 July: Clifford Capital, Japan FSA, BNY, Revaia_ ... and more

Mars launches $250m climate solutions fund

EFRAG plans increased cull of ESRS datapoints in 'drastic decision'

EU advisers have revealed plans to cut datapoints in the Corporate Sustainability Reporting Directive by about 66%, in a move it said involved a "drastic decision" to cull all 277 datapoints organisations are currently given the option to report.

Voluntary carbon markets 'can't sustain' fragmentation, says Climate Impact Partners

Further consolidation is needed in the voluntary carbon markets, according to Climate Impact Partners, as it urged governments to better incentivise action.

Regulator publishes FAQ on compliance with California climate disclosure rules

UK, Philippines launch listed markets EMDE mobilisation roadmap