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EFRAG recommends EU sustainability database in reporting 'roadmap'
08 March 2021The European Financial Reporting Advisory Group (EFRAG) has published a 'roadmap for the development of a comprehensive set of EU sustainability reporting standards'.
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IFRS Foundation sets out 'strategic direction' for global sustainability standards
08 March 2021The trustees of the IFRS Foundation have said a prototype climate-related disclosure standard devised last year could be used as the basis for a proposed global sustainability reporting regime, and said they plan to begin work with a group of sustainability-related reporting organisations.
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Triple Point-led digital infra trust launches £400m IPO
08 March 2021Investment trust Digital 9 Infrastructure has launched an initial public offering (IPO) seeking to raise £400 million ($550 million) to invest in data centres, fibre cables and 5G technology.
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Biodiversity COP launches 'finance engagement programme'
05 March 2021The secretariat of the Conference of Parties (COP 15) to the Convention on Biodiversity (CBD) has launched a 'finance engagement programme', which it says could help define a 'roadmap' to help financial institutions implement the CBD's proposed framework.
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BSI readies natural capital accounting standard as investors seek impact 'baseline'
04 March 2021A forthcoming accounting standard for natural capital could help investors grappling with the problem of assigning a financial value to preservation and improvement of nature.
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Exxon adds Ubben to board ahead of AGM
03 March 2021ExxonMobil has appointed Jeff Ubben to its board, in an apparent concession to demands made by the activist investor to reposition its business model to reduce the impact of its business on climate change.
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Apollo appoints 'impact advisory' group
03 March 2021Apollo has appointed an 11-member group to support the private equity investment manager's impact investment strategy.
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Viñes Fiestas to leave BNP to join Spanish regulator
03 March 2021Helena Viñes Fiestas is to leave BNP Paribas Asset Management to join the Spanish securities market regulator.
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Federated Hermes to ask companies for 'net positive biodiversity impact'
02 March 2021Companies in sectors including consumer goods, mining, oil & gas, real estate and finance are to be asked to disclose their impact on biodiversity and to set a target to have a 'net positive impact'.
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Microfinance lending doubled as small business dodged Covid - CaixaBank
02 March 2021CaixaBank's 'social bank' subsidiary doubled year-on-year the amount of loans it provided to small companies and entrepreneurs, as so-called microloans helped businesses pivot to avoid the ravages of the coronavirus pandemic last year, the Spanish bank said.