Archive

SBTi regrets 'misinterpretation' over offsets statement

The Science-Based Targets Initiative (SBTi) has sought to take the heat out of the furore surrounding its change of stance towards offsets, arguing its announcement was misinterpreted.

Mandatory plastic disclosure takes centre stage in treaty negotiations

Mandatory plastic disclosures for the financial sector could be one step closer as negotiations restart on a global plastics treaty, but the market has lamented the slow progress.

US launches task force that will study CBAM-style rules

The US government has established a White House Climate and Trade Task Force to study ways it can tackle "carbon leakage, carbon dumping, and embodied carbon in general" and draw lessons from the EU's Carbon Border Adjustment Mechanism (CBAM).

Most businesses will not comply with CSDDD even by 2030, survey predicts

EU and UK business leaders say they expect at least half of their supply chains will not be compliant with the proposed EU Corporate Sustainability Due Diligence Directive (CSDDD) in the next two years, and most businesses will not fully comply by 2030.

160 financial institutions call for international plastic treaty

Banks, investors and insurers representing $15.5 trillion in combined assets have signed a Financial Statement on Plastic Pollution, calling for a new international treaty to tackle the issue.

'Just transition' data a work in progress, development bank claims

A development bank is working on metrics to measure and report on 'just transition', an Environmental Finance Sustainable Debt EMEA conference in London has heard.

'Don't overlook non-EU countries' for EU aligned assets

Raiffeisen Bank International (RBI) has urged issuers to not discount non-EU countries on their assumed quality of sustainability data, an Environmental Finance event heard.

SDG mapping unhelpful with bond impact reporting

Mapping the UN's Sustainable Development Goals (SDGs) is unhelpful for reporting and tracking the impact of bonds, an Environmental Finance event heard.

Rise of transition plans could remedy regulatory 'failure' to boost transition finance

SBTi clarifies carbon credit stance amid staff unrest

The Science Based Targets initiative (SBTi) has published a clarification on its stance on the use of environmental attribute certificates (EACs) - such as voluntary carbon credits - after criticism from staff and the industry.