ESG

Exclusive: Combined climate and nature value-at-risk tool launched

Intercontinental Exchange (ICE) and NatureAlpha are launching a tool to price climate and nature value-at-risk, as part of a partnership that could see them release a nature index later this year, Environmental Finance has learned.

Google funds water resilience data tool

SFDR agreement criticised for allowing fossil fuels in transition funds

EU countries agreed that companies deriving large revenues from fossil fuels could qualify for 'transition' funds under the bloc's flagship Sustainable Finance Disclosure Regulation (SFDR), in move widely criticised by NGOs.

Banks' uneven progress on sustainability flagged in UNEP FI survey

Weaknesses in banks' management of sustainability risks have been flagged in a report that points to the need for improved disclosure of forward-looking information.

MSCI in $120m physical risk data deal

The arms race to provide physical climate risk data escalated today as ESG data provider MSCI announced the $120 million acquisition of First Street, and Sustainalytics revealed a new collaboration with data providers.

BlackRock funds to integrate biodiversity intactness index

BlackRock has partnered with the Natural History Museum to use its Biodiversity Intactness Index (BII) data in managing some of its funds.

Draft ESRS for non-EU companies unveiled

Draft European Sustainability Reporting Standards (ESRS) for reporting by companies based outside the EU but generating large revenues in the bloc have been published, in advance of a vote to approve them for consultation next month.

EU countries ready to give fossil fuels pass for SFDR transition category

EU countries could agree to include fossil fuel companies in a proposed 'transition' category for the Sustainable Finance Disclosure Regulation (SFDR), according to a near-final text sent for approval.

'China's version of SFDR will have significant impact'

New rules governing Chinese sustainable investment funds are expected to have a significant impact in the domestic market, with a minimum threshold for sustainable investments likely to help "assure the quality" of funds, according to an expert.

Use one set of sustainability datapoints across EU rules, pensions group urges

The EU should establish a unified 'core' set of sustainability datapoints and measurement approaches to be used across a range of financial regulations, PensionsEurope has argued.

NatureMetrics launches nature risk tool

China unveils sustainability reporting rules for asset managers

The Asset Management Association of China (AMAC) has published 'guidelines' for sustainable investment funds that set expectations to invest at least 80% of their assets in line with their sustainability objectives.

Bloomberg expands Transition Toolkit

Swiss pension fund manager extends exclusions to new oil and gas

The Ethos Foundation has excluded companies involved in the development of new gas and oil projects from its investments, after it criticised the sector for ignoring investor requests for greater climate ambition.

EU requests input on CSDDD guidance

The European Commission has asked for feedback to inform the development of guidelines on implementing the EU Corporate Sustainability Due Diligence Directive (CSDDD).