Group assembled to build TNFD
A group was formed today with the aim of setting up a Task Force on Nature-related Financial Disclosures (TNFD).
A group was formed today with the aim of setting up a Task Force on Nature-related Financial Disclosures (TNFD).
Nature is finally making its way up the sustainable investment agenda.
A report endorsed by banks and asset managers has laid out a common approach to measuring positive impact on biodiversity.
A pledge to set targets and reporting on biodiversity, and pressure world leaders to reverse nature loss has been signed by 26 financial firms managing over €3 trillion ($3.5 trillion) in assets, including Axa, HSBC Global Asset Management and Robeco.
An EU-wide platform that would provide investors with "seamless access" to financial and sustainability-related information on companies has been made a key part of the EU's plans to deepen the European single market.
As Climate Week draws to a close, here are some of the most important announcements from an event defined by the coronavirus pandemic.
US-based derivatives marketplace CME Group has confirmed the first trade of the Used Cooking Oil Methyl Ester (UCOME) futures contracts for the European market.
The US Securities and Exchange Commission (SEC) has approved rules which limit the ability of investors to file shareholder proposals, a move criticised as "actively muzzling" investor pressure on environmental, social and governance (ESG) and other material issues.
Companies that earn revenues by providing climate solutions have consistently outperformed in a year marked by the coronavirus pandemic, according to research from HSBC.