Greenwashing 'still an issue' for UK banks
People moves 6 June: DWS, DBS, Macquarie and more...
Gas inclusion would 'debase' UK taxonomy
The UK has been warned that including natural gas in its taxonomy of green activities would "debase" the exercise, and waste an opportunity to show leadership on sustainable finance.
EU's nuclear, gas taxonomy inclusion prompts fierce response
A text by the European Commission that proposes inclusion of some nuclear and natural gas energy generation activities in the EU's sustainability taxonomy has sparked a fierce response from some observers, who argue the proposals would undermine the credibility of the framework.
UK pledges to become 'world's first net-zero financial centre'
The UK government will require financial institutions to publish net-zero transition plans from 2023, in a move it claims will make the UK the "world's first net-zero aligned financial centre".
Technological advances lower barriers to entry for spatial finance, study finds
Financial institutions are increasingly using 'spatial finance' data to assess climate risk after technological advances
Largest ETFs 'hardwired to finance carbon-intensive assets', report says
Policymakers have been urged to step in to help track primary market capital flows to fossil fuel companies, after research revealed that providers of major exchange traded funds (ETFs) continue to invest large amounts in new bond or share issues by these companies.