Archive

  • ICMA working group considering including avoided emissions in bond, loan principles

    28 February 2024

    The International Capital Market Association (ICMA) has set up a working group to consider including 'avoided emissions' in principles for sustainability bonds and loans.

  • EU due diligence rules 'back to square one' as countries reject text

    28 February 2024

    The EU's Corporate Sustainability Due Diligence Directive (CSDDD) is in peril after EU member states voted down the latest text, forcing it back to the European Parliament just three months before the end of its mandate.

  • CA100+ defends phase 2 approach, after big name departures

    27 February 2024

    Climate Action 100+ has defended its updated approach, which has been blamed for three of its biggest signatories walking away from the climate engagement initiative earlier this month.

  • S&P launches two biodiversity benchmarks

    27 February 2024

    S&P Dow Jones Indices has launched two biodiversity benchmarks, tracking a subset of equities within the S&P 500 and S&P Global LargeMidCap indices.

  • Bain is first company to make VCMI credit claim

    27 February 2024

    Management consultancy Bain & Company become the first organisation to make the highest-level of carbon integrity claim under the Voluntary Carbon Market Integrity Initiative (VCMI) claims code.

  • SEC dropping Scope 3 disclosure requirement will not prevent legal action, lawyer warns

    26 February 2024

    The US Securities and Exchange Commission (SEC)'s reported plan to drop a requirement that would require publicly listed companies to disclose value chain emissions will not protect the government agency from legal action, a lawyer has said.

  • Investors have 'sleepless nights' over net zero targets tied to estimated data

    26 February 2024

    Institutional investors lose sleep over net zero targets for which progress reporting is tied to huge volumes of estimated data, particularly data relating to greenhouse gas (GHG) emissions from a company's value chain, a conference heard.

  • Dutch banks begin using 'first' ESG-themed valuation framework for real estate

    26 February 2024

    ABN Amro, ING and Rabobank are among banks starting to use an updated, 'first-of-its-kind' framework for valuing real estate which covers sustainability factors including climate risk.

  • Faber issues rallying cry as regulators diverge from ISSB, jeopardising its mission

    23 February 2024

    The chair of the International Sustainability Standards Board (ISSB) has issued a "call to action" for regulators to unite behind by the organisation's standards, warning that divergence from them threatens to undermine its mission.

  • Bank of America CEO pleas for regulatory consistency on ISSB adoption

    22 February 2024

    Bank of America's CEO urged regulators not to diverge from the IFRS Sustainability Disclosure Standards, as the banking head warned that doing so would deepen confusion of an 'alphabet soup' of sustainability reporting.