Archive

  • Vanguard's Australian arm made 'misleading' ESG claims regarding bond fund, court rules

    28 March 2024

    Vanguard's Australian arm broke the law by "making misleading claims about certain ESG exclusionary screens" applied to investments in a bond index fund, the Australian Federal Court has ruled in a landmark case.

  • ASEAN Taxonomy extended to transport, construction and real estate

    27 March 2024

    An update to the Association of Southeast Asian Nations (ASEAN) Taxonomy for Sustainable Finance has seen the ground-breaking 'green' list extended to cover the transport and construction and real estate sectors.

  • Government intervention could drive circular economy investing, Schroders says

    27 March 2024

    Government intervention could be crucial for creating more investable circular economy-focused opportunities, Schroders has claimed.

  • ESMA launches EU green bond external reviewer consultation

    27 March 2024

    The European Securities and Markets Authority (ESMA) launched a consultation on the draft technical standards it plans to use for the registration and supervision of external reviewers of bonds issued in line with the EU Green Bond Standard (EU GBS).

  • 'US IRA has worked where taxonomies have not'

    27 March 2024

    A senior banker has argued that the US Inflation Reduction Act (IRA) economic incentive package has delivered real climate-focused financial flows in a way that 'green' taxonomy-focused approaches have not.

  • EU work on SLB regulation may come too late, says IEEFA

    27 March 2024

    European Commission work on regulating sustainability-linked bonds (SLBs) may come too late to help reach 2030 climate goals, according to a think tank.

  • EU rowback on agricultural policy 'irresponsible', say investors

    26 March 2024

    A proposal to water down environmental protections within the EU's Common Agricultural Policy has been deemed "irresponsible" by investors.

  • NZBA has little impact on decarbonisation, ECB paper says

    26 March 2024

    Signatories to the Net-Zero Banking Alliance (NZBA) "are neither divesting nor engaging differently from banks without a climate commitment," a group of economists said in a report.

  • Financial institutions have high exposure to companies with transition potential, central bank says

    26 March 2024

    French financial institutions are highly exposed to corporates with the potential to meet the criteria of the EU sustainability taxonomy, research by the Banque de France says.

  • CSDDD transition plan requirement 'little more than window dressing'

    25 March 2024

    A requirement to disclose climate transition plans in the watered-down text of the Corporate Sustainability Due Diligence Directive (CSDDD) is "little more than window dressing" in the absence of a mechanism to force companies to implement the plans, it has been argued.