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Ditch SFDR definition of sustainable investments, replace Articles 8 & 9, ESMA suggests

The EU should ditch the 'sustainable investment' definition in its Sustainable Finance Disclosure Regulation (SFDR) and introduce a two-tier categorisation system that would effectively replace the current SFDR Articles 8 and 9, an EU regulator recommends.

Stringency sees enthusiasm wane for UK sustainability labels

The perceived stringency of the UK sustainability labelling regime has seen initial enthusiasm wane and the number of applicants dwindle, according to Morningstar Sustainalytics.

Expect more fossil fuel meddling at COP28, says Morningstar

It is unsurprising that the UAE reportedly sought to use COP negotiations to further fossil fuel interests - and it is likely that oil and gas companies will look to further change the narrative in their favour at this year's conference, according to Morningstar.

COP28 cannot 'succumb to doomism' on 1.5°C

COP28 must not "succumb to doomism" on the 1.5°C target and risk losing much-needed ambition, Morningstar has warned.

Article 9 funds attracted 'a new low' in Q3 2023

ESG funds outperform, despite investor concern

Investors 'given free hand' to define sustainable investment under SFDR

The European Commission has declined a request to define what constitutes a sustainable investment under SFDR, a decision which has split industry experts, Michael Hurley writes

More consensus needed on impact, says Morningstar

More consensus is needed on the definition of an 'impact investment' to help the market continue expanding, Morningstar has said.

Investors to 'look beyond' Article 8 or 9 designation to judge sustainability, says Morningstar

As the usefulness of EU classifications of what is 'sustainable' is questioned and funds continue to be downgraded, Morningstar said investors will increasingly 'look beyond' these labels and instead study underlying holdings more closely.

Low-support ESG shareholder resolutions jump as proposals rise

The proportion of US environmental and social shareholder resolutions which achieved only low-level investor support has surged in 2022.