ESG

Enable biodiversity credits with blockchain, says Global Canopy

Biodiversity credits should be created as a blockchain-enabled digital asset, rather than trying to retrofit, Global Canopy has said, despite challenges on linking to real world assets.

ESG ratings regulation could cover transition plan assessment products, says FCA

The UK's planned regulation of ESG ratings providers could cover forward-looking ratings such as those in the burgeoning market for climate transition plan assessments, the FCA has suggested.

Demise of SEC taskforce no sign that ESG is off regulator's agenda, law firm says

Ocean impact fund universe swells to €2bn

The universe of impact investors exclusively targeting 'ocean' themes has grown to more than €2 billion in assets, Environmental Finance understands, but concerns remain that the theme is drastically underfunded.

Hong Kong publishes ESG ratings and data code of conduct

Hong Kong has followed jurisdictions including Japan and the UK in publishing a code of conduct for ESG ratings and data, covering aspects such as transparency of methodologies and avoiding potential conflicts of interest.

FCA sees 'huge amount' of applications for sustainability labels after slow start

There has been a "huge amount" of applications to use UK sustainability labels for funds ahead of a deadline this week, according to the Financial Conduct Authority (FCA).

EU bows to pressure to delay Deforestation Regulation

The European Commission has recommended a one-year delay of the implementation of the EU Deforestation Regulation (EUDR) as it bowed to complaints from countries and industrial groups arguing it would impose unworkable demands on them.

ESG Ratings, Green Bond regulations and greenwashing among ESMA priorities

The European Securities and Markets Authority (ESMA) has identified the EU Green Bonds and ESG Ratings regulations, as well as preparatory work for a database including sustainability-related information, among its priorities for 2025.

Asia needs common sustainability taxonomy, thinktank argues

Green and transition taxonomies in Asia are too diverse, undermining comparability, a thinktank has said as it called for a "unified framework that aligns with international standards".

California governor signs off on updated climate disclosure rule

EU starts process for penalising countries yet to implement CSRD

Profusion of transition plan assessments risks muddying waters, WBA says

The proliferation of several competing methods for judging the credibility of companies' transition plans risks confusing investors, the World Benchmarking Alliance (WBA) warned as it unveiled its own guidance on the topic.

EFRAG agrees partnership to promote 'inequality and social-related financial disclosures'

Pegasus launches Global South-focused sustainability lab