ESG

Investors 'sick' of SFDR eating into sustainability innovation resource

Investors are "sick" of the onerous EU reporting and disclosure regulation stifling their ability to invest in innovation around sustainable finance, attendees at last week's Environmental Finance Sustainability Data EMEA conference heard.

More policy needed for city-level climate adaptation strategies, says Zurich

Supply chain opacity hinders understanding of nature risks, says DWS

An "alarming" lack of interaction between companies and their supply chains is hindering the assessment and management of nature risks, DWS has warned, as it urged investors to engage with portfolio companies on the issue.

Cautious reference scenario selection helps avoid greenwashing risk, says Mirova

Careful selection of reference scenarios is key for dodging greenwashing risks when calculating Scope 4 emissions, Mirova told an Environmental Finance event.

Current scenario analysis 'not decision useful' for pension funds - for now

High-level climate scenario analysis is not currently used by pension funds to inform investment decisions, an Environmental Finance event heard - but there are ways more focused and short-term scenarios that can be useful now and in the future.

BNP Paribas AM 'still exploring whether MSA can be used to steer investments'

BNP Paribas Asset Management has told an Environmental Finance conference that it is "not ready" to use mean species abundance (MSA) to steer its investments, and currently in the process of making sure its nature data strategy is "fit for purpose".

Scope 3 emissions are 'Loch Ness monster of sustainability reporting'

The low levels of Scope 3 emissions reporting despite its importance to investors for climate risk assessment has made it the "Loch Ness monster" of sustainability reporting, an Environmental Finance event has heard.

EthiFinance: EU ESG rating provider regulations 'not fair'

The expected final EU regulation for environmental, social and governance (ESG) ratings providers is "not fair" - especially for mid-cap providers, sustainable finance rating and advisory firm EthiFinance told an Environmental Finance event.

Manulife IM: There's a long way to go on nature data

Manulife is beginning to look for new nature investment opportunities but has told Environmental Finance why it is rejecting the use of large datasets and nature footprinting.

Trust in forward-looking data 'needs to be earned'

As corporates are encouraged to provide more forward-looking data by investors and regulators, trust in how such data is produced will have to be earned, attendees at an Environmental Finance conference heard.

Limited liability under consideration in forward-looking data consultation, says FCA

Forward-looking sustainability data could encourage investors to assess risks more accurately, the Financial Conduct Authority's Sacha Sadan told an Environmental Finance conference, but raises the issue of liability.

ESG Data: 'Dream of common language will not be met without common translation'

The dream of a "common language" on environmental, social and governance (ESG) reporting can only be achieved in practice if we accept the need for a "traveller's translation guide" for global investors as well, an Environmental Finance event has heard.

Sustainability regulation can 'force' investors away from 'niche' data providers

Sustainable finance regulations effectively "force" investors to turn to "big" data providers over more "niche" providers, an Environmental Finance event has heard.

CSRD 'gamechanger' for preparing companies for IPO, says Euronext

The EU's Corporate Sustainability Reporting Directive (CSRD) will be a 'game-changer' for supporting companies that are ready for an initial public offering, Euronext has claimed.