Archive

  • Sustainability-linked bond issuance limps into 2024

    25 March 2024

    Sustainability-linked bond (SLB) issuance has had its weakest start to a year since the publication of principles boosted the market in 2020, according to Environmental Finance research.

  • French companies sound alarm at 'greenwashing' in ESMA sustainability enforcement rules

    22 March 2024

    The French Association of Large Companies (AFEP) has voiced concern that draft rules for regulators enforcing the disclosure of sustainability-related information will too strictly police perceived 'greenwashing' and be complex to apply.

  • Morningstar launches innovative transition indexes

    21 March 2024

    Morningstar has launched a series of transition indexes it hopes could prove a turning point for the integration of climate considerations in investors' equities allocations.

  • S&P: Climate-related credit rating actions 'to grow'

    21 March 2024

    Climate-related credit rating actions at corporate and infrastructure issuers doubled in number last year and are expected to continue to increase, S&P Global Ratings predicts.

  • Canadian regulator demands financial institutions report in line with ISSB this year

    21 March 2024

    Canada's largest banks and insurers must disclose how they are implementing a climate transition plan and conducting climate scenario analysis, under rules that have been updated to align with International Sustainability Board (ISSB) standards.

  • ShareAction takes aim at banks this AGM season

    21 March 2024

    The upcoming annual general meeting (AGM) season will be the "busiest yet" for ShareAction, as it plans to push the banking sector for more transparent climate policies.

  • BIS says its AI tool 'is game changer for green finance' ... but beware the hallucinations

    19 March 2024

    A tool that uses artificial intelligence (AI) to analyse corporate climate reports has been hailed as a "game changer for green finance", because of its ability to automate the rapid extraction of data.

  • Don't demonise high emitting companies that disclose Scope 3, says pensions group

    19 March 2024

    Investors risk "misallocating capital" if they unfairly punish high-emitting companies that disclose their Scope 3 emissions, as these will often make them look worse than peers that fail to disclose, a senior figure at a UK pensions group has warned.

  • Financial firms green bond lending disclosures 'need more detail'

    18 March 2024

    Financial institutions that issue green bonds need to provide more detail on their 'green' lending portfolios, according to one investor.

  • Nature and social standards not top of our priorities, ISSB says

    18 March 2024

    The International Sustainability Standards Board (ISSB) has indicated that it will focus its future work on ensuring implementation of its existing standards - suggesting that it does not plan to imminently begin projects to set dedicated nature-related and social standards.