ESG

  • India plans climate finance taxonomy

    24 July 2024

    India's Ministry of Finance has announced funding to create a taxonomy to attract climate finance, spanning adaptation and mitigation activities.

  • 'Not credible' to run transition funds from third-party data, says MetLife IM

    24 July 2024

    It is "not credible" for investment managers to run a transition investment strategy using third-party data vendors rather than using in-house research, according to MetLife Investment Management (MetLife IM).

  • UK Stewardship Code changes 'may be' concession to US signatories' fear of antitrust laws

    24 July 2024

    Changes to the UK Stewardship Code to remove a requirement to report annually on collaborative engagement and escalation may have been designed to assuage fears particularly among US managers at violating antitrust laws, it has been suggested.

  • UK told to accelerate ISSB adoption

    23 July 2024
  • SLLP consider formalising 'sleeping SLL' guardrails

    23 July 2024

    The Sustainability-Linked Loan Principles (SLLP) are preparing to formalise treatment of so-called 'sleeping SLLs' in its upcoming revision, including formalising "guardrails" to ensure these contested but "useful tools" are credible.

  • S&P stops giving ESG scores to Indian companies covered by SEBI rules

    23 July 2024
  • 'Probably the most beautiful bond we have ever seen'

    23 July 2024

    The Anthropocene Fixed Income Institute (AFII) has argued that sovereign issuers should develop a sustainability-linked bond (SLB) in twin-bond format, arguing this would "probably be the most beautiful bond we have ever seen".

  • EU banks have already reduced climate risk in response to supervision, say ECB researchers

    23 July 2024

    The European Central Bank (ECB)'s climate-related supervision has already led to an improvement in banks' risk exposure and management, and increased capital allocation towards green finance, according to researchers at the central bank.

  • Investor network urges Japan not to diverge from ISSB

    22 July 2024
  • UBS partners with SDG data platform

    22 July 2024
  • NatWest: Investors 'increasingly' asking for blue and nature bond deals

    22 July 2024

    Investors are increasingly asking NatWest to specifically bring nature-focused and 'blue' bond deals to market, but despite being "meaningful" themes in the sustainable bond market they are still not effectively being pointed out.

  • EU GBS: 58% of sustainable bond frameworks since 2023 meet standard

    22 July 2024

    Nearly three-fifths of the green and sustainability bond frameworks published since the start of 2023 'could claim alignment' with the rigorous requirements under the EU Green Bond Standard (EU GBS), according to MainStreet Partners.

  • Asset manager neglect of climate adaptation leads Brunel to take engagement 'into own hands'

    22 July 2024

    UK pension pool Brunel has begun an engagement programme with 20 companies in the consumer staples sector asking them to prioritise investment in climate adaptation measures, as it said asset managers were failing to do so.

  • 'A standard for what good looks like for transition plans would help'

    22 July 2024

    UBS's Judson Berkey has backed the idea of a global standard for transition plans, with the ISSB being a natural home for such a standard.