Archive

Reducing scope of CSRD would hinder ECB's work on climate, it warns EU

People Moves, 9 May: Standard Chartered, HSBC Asset Management, Climate Impact Partners ... and more

COP's tropical forest facility consults on design

The Tropical Forest Forever Facility, a mechanism to reward countries for not deforesting, is consulting on its design ahead of its formal launch at COP30.

NBIM calls on EU to copy ISSB in overhauled corporate reporting standards

The EU should adopt 'identical' terminology and metrics from International Sustainability Standards Board (ISSB) standards in European Sustainability Reporting Standards (ESRS) where they address the same matters, managers of the $1.7 trillion oil fund have urged.

EBA hints it will resist calls to delay ESG scenario analysis rules amid CSRD overhaul

Rules for EU banks to conduct routine 'ESG scenario analysis' "cannot depend directly" on corporate reporting rules, their regulator said in response to calls to delay introduction while the bloc overhauls its Corporate Sustainability Reporting Directive (CSRD).

How companies in three key consumer-facing sectors are acting on nature

The results of the first benchmark analysis of 100 market-leading companies covered by Nature Action 100 provided valuable insights into the status of progress, writes Meryl Richards

Iberdrola issues first green bond under EU standard

Carbon market's biggest players urge governments to step up

Some of the voluntary carbon market's biggest players have called on governments to play a more proactive role and clarify the position of voluntary action within Article 6 of the Paris Agreement.

Expand nature compliance markets, urge UK parliamentarians

The UK government has been urged to expand nature compliance markets and stand behind its Biodiversity Net Gain legislation.

Biggest drawback of CSA's disclosure 'pause' is delay to assured data, investor says

Investors expecting an uplift in the quality of climate-related data face a longer wait for this to be independently assured and brought on par with conventional financial disclosures, after Canadian regulators' decision to 'pause' rules, according to Mackenzie Investments.