Policy

AP4, Invesco publish carbon neutrality report

ICMA Principles to prioritise work on transition, sustainable fintech

The executive committee (ExCom) of the International Capital Market Association (ICMA)-administered Principles has introduced financial technology (fintech) and digitalisation as a key priority for its work over the next year...

Immediate investment needed to halt England's nature crisis, warns government body

Immediate action is needed to halt the growing risks that nature degradation poses to the English economy, Natural England has warned, calling for private investment in "large-scale" ecosystem restoration.

Global sustainable investment framework needed in next year, says AFD

A global sustainable investment framework is needed within the next year, the Agence Française de Développement (AFD) has said, despite pushback that it is not feasible.

Canada to require private companies to make climate disclosures

Canada has pledged to introduce disclosure requirements for large private companies who are regulated at federal level, in a move it says will help investors understand the climate-related risks to which these companies are exposed.

Canada announces 'green and transition' taxonomy

Canada has committed to publish a sustainable finance taxonomy to guide 'green' and 'transition' investments, which has been cited as an example for resource-intensive economies globally.

Crypto scepticism a 'barrier' to green bonds

Scepticism over cryptocurrencies is a major barrier to utilising blockchain within the green bond market, the Council for Scientific and Industrial Research (CSIR) has said.

UK and Australian pension funds back net-zero blueprint

An investment blueprint aiming to help deliver clean power in the UK by 2030 has secured backing from UK and Australian pension funds with £1.7 trillion ($2.2 trillion).

Taskforce on Inequality and Social-related Financial Disclosures launched

The Taskforce on Inequality and Social-related Financial Disclosures (TISFD) has been launched, in a bid to tackle the backsliding of social development and growing risk of civil disobedience.

Canadian regulator 'mindful' of reporting burden as it prepares for CSSB standards

Ontario Securities Commission (OSC) is "mindful of the regulatory burden" for its legion of smaller companies as it considers revising its climate disclosure rules.

ICMA 'best practice' sustainable commercial paper guidance 'positive step' for market

The International Capital Market Association (ICMA) has published an initial "best practice" report on the growing €300 billion ($330 billion) sustainable commercial paper (CP) market, with hopes that the additional guidance can help stimulate greater interest in the instruments.

World Bank launches food security group

The World Bank has launched a high-level thought leadership group to provide guidance and strategic advice on tackling food security.

International declaration to decarbonise shipping signed

An international declaration to decarbonise shipping, including creating the financial instruments necessary to support this, has been signed at the Hamburg Sustainability Conference.

ECB could switch from sovereign to supranational bonds amid climate concerns, says Elderson

A lack of a "clear and reliable framework" for comparing sovereign bonds with Paris goals should prompt the European Central Bank (ECB) to consider buying bonds from EU supranational issuers, says one board member.

ESMA publishes first report into EU carbon market