Archive

US financial stability body says closing climate data gaps a priority

The US Financial Stability Oversight Council (FSOC) has reported "considerable progress" by its members in addressing the threat to financial stability posed by climate change, but identified plugging data gaps as a priority for future work.

EU reporting on adverse impacts 'lacks detail'

Biodiversity data guide aims to address investor 'challenges'

A guide on biodiversity integration by financial institutions that looks to navigate difficulties including on data availability and consistency is set to be published in September by the Finance for Biodiversity Foundation (FfB).

Singapore to enhance disclosure requirements with ISSB standards

The Monetary Authority of Singapore (MAS) has announced plans to incorporate International Sustainability Standards Board (ISSB) frameworks into its sustainable reporting requirements.

Indian central bank calls on industry to set green finance targets

The Reserve Bank of India (RBI) has called on financial institutions to set voluntary green finance targets to help increase capital into sectors which could mitigate emerging climate risks.

BlackRock cuts ESG shareholder vote support in 2022

BlackRock supported less than a quarter of environmental and social shareholder proposals in 2022, down from nearly half in 2021.

NZAOA urges ISSB to explicitly recommend 'net zero' targets

The UN-convened Net-Zero Asset Owner Alliance (NZAOA) has urged the International Sustainability Standards Board (ISSB) to "expressly integrate" net-zero emissions...

Loan round-up: SPIE, Tauron, Iberdrola, Fugro, Atenor ... and more

Mrema: TNFD reporting could become mandatory at COP15

The reporting of biodiversity risks as defined by the Taskforce on Nature-related Financial Disclosures (TNFD) could become mandatory for financial institutions under the COP15 agreement...

Blackstone invests in Esdec Solar