-
Investors sound alarm that EU's Omnibus threatens 'significant weakening' of ESG data
04 February 2025The European Commission's plans to overhaul sustainability reporting risk hollowing out the EU sustainable finance framework and jeopardising its Green Deal, it has been warned by investors with a combined €6.6 trillion ($6.8 trillion) in assets.
-
Better data reporting could help boost emerging market ratings, says Moody's
31 January 2025Better reporting of data could help improve the creditworthiness of emerging market and developing economies (EMDE), Moody's has argued.
-
Cisco warns against bonfire of regulation as EU finalises its Omnibus redraft
31 January 2025The prospect of "three or four years" of re-negotiating sustainability regulations is a major "worry" for tech giant Cisco, its head of EU policy said as she warned against a "bonfire of regulations".
-
UK government mulling how ISSB reporting will square with its growth objectives
30 January 2025The UK government is preparing to consult on which aspects of the International Sustainability Standards Board (ISSB) standards it should adopt and is weighing how to ensure new reporting requirements do not impinge on its 'growth' agenda.
-
Ex-NZAM members 'will face higher bar to prove engagement outcomes'
29 January 2025Asset managers will have to work harder to prove to asset owners their commitment to substantive engagement on issues including climate, following their departures from net zero initiatives, according to a UK pension fund.
-
UK Stewardship Code too open-ended to be useful, pension fund says
29 January 2025Changes to the UK's "gold-standard" Stewardship Code are set to make it too "open-ended" for Nest to ascertain whether fund managers are meeting the pension fund's expectations, it argued.
-
EthiFinance launches 'solicited sustainability ratings'
29 January 2025ESG rating agency EthiFinance has launched 'solicited sustainability ratings', which give companies and in-depth evaluation of sustainability performance based on an assessment methodology ...
-
'Don't wait for next disaster' before tackling climate risk, BaFin tells banks, insurers
28 January 2025The president of Germany's financial supervisor has told banks and insurers they need to collect better data and improve forward-looking analysis, as he warned them not to "wait for the next disaster" before addressing physical climate risks.
-
Decline in energy sector's EU taxonomy alignment bucks positive trend in other sectors
27 January 2025Energy companies reported a decline in their alignment with the EU taxonomy last year, bucking a trend of increased alignment in most other sectors which data provider Bloomberg said bolstered the use case for the taxonomy.
-
Schroders 'first' to comply with all four SDR labels
27 January 2025Schroders said it is the 'first' to adopt all four labels under the UK Financial Conduct Authority's Sustainability Disclosure Requirements (SDR) regime, after another three funds adopted labels.